Search Results - subject:"bayesian methods"

Pesce, Antonio - European Regional Science Association - 2013

Emerging market economies (also known as emerging economies, EEs) have become important on the world economic stage, where they now play a vital role in international trade and financial flows and account for a conspicuous fraction of the global economic dynamic. Despite the relatively tepid...

Persistent link: https://www.econbiz.de/10010740494

Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area

Smets, Frank; Warne, Anders; Wouters, Raf - 2013

This paper analyses the real-time forecasting performance of the New Keynesian DSGE model of Galí, Smets, and Wouters (2012) estimated on euro area data. It investigates to what extent forecasts of inflation, GDP growth and unemployment by professional forecasters improve the forecasting...

Persistent link: https://www.econbiz.de/10011605616

Does Central Bank Independence Really Matter? Re-Assessing the Role of the Independence of Monetary Policymakers in Macroeconomic Outcomes

Zervoyianni, Athina; Anastasiou, Athanasios; … - Rimini Centre for Economic Analysis (RCEA) - 2013

Using both standard regressions and Markov-Chain Monte-Carlo estimation methods from a Bayesian perspective and a sample of 39 countries for 1981-2006, we re-examine the role of central-bank independence (CBI) in macroeconomic outcomes. Control variables commonly used in the literature are...

Persistent link: https://www.econbiz.de/10010742265

Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area

Smets, Frank; Warne, Anders; Wouters, Raf - European Central Bank - 2013

Persistent link: https://www.econbiz.de/10010686819

Use of Bayesian Markov Chain Monte Carlo Methods to Estimate EQ-5D Utility Scores from Eortic QLQ Data in Myeloma for Use in Cost effectiveness Analysis

Kharroubi, Samer A; Edlin, Richard; Meads, David; … - Academic Unit of Health Economics, Leeds Institute of … - 2013

reported in the literature; however, to date there has been limited utilization of Bayesian methods in this context. In this … the Bayesian methods in relation to dealing with missing data, relaxing the assumption of equal variances and … be estimated from the EORTC QLQ-C30/QLQMY20 for use in CEA. Frequentist and Bayesian methods produced effectively …

Persistent link: https://www.econbiz.de/10010701968

Modeling Hyperinflation Phenomenon: A Bayesian Approach

Gonzales Martínez, Rolando - Centro de Estudios Monetarios Latinoamericanos (CEMLA) - 2013

Hyperinflations are short-lived episodes of economic instability in prices which characteristically last twenty months or less. Classical statistical techniques applied to these small samples could lead to an incorrect inference problem. This paper describes a Bayesian approach for modeling...

Persistent link: https://www.econbiz.de/10011279222

Is decoupling in action?

Pesce, Antonio - 2013

Persistent link: https://www.econbiz.de/10011508846

Measuring Credit Demand and Supply: A Bayesian Model with an Application to Greece (2003–2011)

Vouldis, Angelos T. - In: Jahrbücher für Nationalökonomie und Statistik 238 (2018) 1, pp. 33-76

Abstract Motivated by the linkage between credit and growth in the Greek economy and the deceleration of credit since the financial crisis, this paper studies the evolution of credit demand and supply in Greece during the period 2003M1–2011M3. A model of the credit market is explored which...

Persistent link: https://www.econbiz.de/10014609597

Editorial: contemporary developments in the theory and practice of spatial econometrics

Bhattacharjee, Arnab; Holly, Sean; Mur, Jésus - In: Spatial economic analysis : the journal of the Regional … 13 (2018) 2, pp. 139-147

Persistent link: https://www.econbiz.de/10011870721

A reinforced urn process modeling of recovery rates and recovery times

Cheng, Dan; Cirillo, Pasquale - In: Journal of banking & finance 96 (2018), pp. 1-17

Persistent link: https://www.econbiz.de/10011967117