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This paper explores options for supporting the Government of Suriname's Green Vision and Strategy, with its corresponding policies and activities, as input for the Bank's 2011-2014 Country Strategy. It briefly describes Suriname's salient environmental and social characteristics and its major...
Persistent link: https://www.econbiz.de/10010673093
Persistent link: https://www.econbiz.de/10000997471
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We consider a Bayesian analysis of linear regression models that can account for skewed error distributions with fat tails. The latter two features are often observed characteristics of empirical data sets, and we will formally incorporate them in the inferential process. A general procedure for...
Persistent link: https://www.econbiz.de/10014062007
This paper discusses Bayesian inference for stochastic volatility models based on continuous superpositions of Ornstein-Uhlenbeck processes. These processes represent an alternative to the previously considered discrete superpositions. An interesting class of continuous superpositions is defined...
Persistent link: https://www.econbiz.de/10015260192
We consider the problem of variable selection in linear regression models. Bayesian model averaging has become an important tool in empirical settings with large numbers of potential regressors and relatively limited numbers of observations. We examine the effect of a variety of prior...
Persistent link: https://www.econbiz.de/10015249692
This paper discusses Bayesian inference for stochastic volatility models based on continuous superpositions of Ornstein-Uhlenbeck processes. These processes represent an alternative to the previously considered discrete superpositions. An interesting class of continuous superpositions is defined...
Persistent link: https://www.econbiz.de/10005619877
We consider the problem of variable selection in linear regression models. Bayesian model averaging has become an important tool in empirical settings with large numbers of potential regressors and relatively limited numbers of observations. We examine the effect of a variety of prior...
Persistent link: https://www.econbiz.de/10008497674