This technical note is developed as a companion to the paper ‘Assessing Bayesian Model Comparison in Small Samples … simulated data how Bayesian model comparison based on posterior odds performs when the model becomes arbitrarily close to a … their Bayesian model comparison exercises. Third, we describe the Bayesian estimation and model comparison techniques with …

We investigate the Bayesian approach to model comparison within a two-country framework with nominal rigidities using … experiments that employ simulated data. We argue that Bayesian model comparison with posterior odds is sensitive to sample size …

effect) and statistical (e.g., frequentist type I error, Bayesian posterior probabilities, stochastic curtailment). It is … methods of presenting Bayesian operating characteristics over a range of prior distributions and discuss the difficulty …

Bayesian methodology for estimating factor risk premia and hence equity risk premia for both traded and non-traded factors …