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This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups – industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then...
Persistent link: https://www.econbiz.de/10005566406
We propose a Bayesian factor analysis model to rank the health of localities. Mortality and morbidity variables …
Persistent link: https://www.econbiz.de/10010328998
We propose a Bayesian factor analysis model to rank the health of localities. Mortality and morbidity variables …
Persistent link: https://www.econbiz.de/10010697236
our sequential research design. Specifically, as the experiment progresses, a Bayesian learning algorithm assigns more …
Persistent link: https://www.econbiz.de/10015210955
homogeneous/ heterogeneous slopes and cross-sectional dependence. Using an extensive Monte Carlo simulation study, we compare the …-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution …. The proposed robust Bayesian approach departs from the standard Bayesian framework in two ways. First, we consider the …
Persistent link: https://www.econbiz.de/10014296559
Sanctions have severe adverse effects on societies. Even though sanctions are used against governments, the population is punished for its government's behavior. Sanctions can create problems due to international migration. Iran is an unique case study because it faced the most and hardest...
Persistent link: https://www.econbiz.de/10015045503
dependence of sequential decisions. The estimation is performed using Markov chain Monte Carlo methods. It is shown that the … multivariate probit model with a general correlation structure. The model allows for a high degree of flexibility in modeling the …
Persistent link: https://www.econbiz.de/10010261954
correlated in a general fashion both across time and across choices. The estimation is performed using Markov chain Monte Carlo …
Persistent link: https://www.econbiz.de/10010262003
decisions. The resulting multivariate probit model is estimated using Markov chain Monte Carlo methods. …
Persistent link: https://www.econbiz.de/10010262229
We analyze the way women's education influences the effect of children on their level of labor market involvement. We propose an econometric model that accounts for the endogeneity of labor market and fertility decisions, for the heterogeneity of the effects of children and their correlation...
Persistent link: https://www.econbiz.de/10010268956