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We propose a general class of flexible models for longitudinal data with special emphasis on discrete-time survival data. The model is a finite mixture model where the subjects are allowed to move between components through time. The time-varying probability of component memberships is modeled...
Persistent link: https://www.econbiz.de/10010818846
The purpose of this paper is to survey and critically assess the Bayesian cointegration literature. In one sense, Bayesian analysis of cointegration is straightforward. The researcher can combine the likelihood function with a prior and do Bayesian inference with the resulting posterior....
Persistent link: https://www.econbiz.de/10010731737
Within the correlation length equality approach, introduced in previous papers, a spontaneous symmetry breaking phenomenon among the identical planes of a two-layer ferromagnetic Ising film is growing, according to which the divergence of the correlation length at the critical point is...
Persistent link: https://www.econbiz.de/10011060257
On the basis of an improved elaboration of the method already proposed by the present authors, the correlation length along a vertical section of a two-layer ferromagnetic Ising film is calculated for all T ⩾ Tc. As a by-product the critical curve is determined and a very interesting...
Persistent link: https://www.econbiz.de/10011064034
The purpose of this paper is to survey and critically assess the Bayesian cointegration literature. In one sense, Bayesian analysis of cointegration is straightforward. The researcher can combine the likelihood function with a prior and do Bayesian inference with the resulting posterior....
Persistent link: https://www.econbiz.de/10004991142
We consider generic protocells models allowing linear and non-linear kinetics for the main involved chemical reactions. We are interested in understanding if and how the protocell division and the metabolism do synchronise to give rise to sustainable evolution of the protocell. Copyright EDP...
Persistent link: https://www.econbiz.de/10009282780
This paper analyzes the forecasting performance of an open economy dynamic stochastic general equilibrium (DSGE) model, estimated with Bayesian methods, for the Euro area during 1994Q1-2002Q4. We compare the DSGE model and a few variants of this model to various reduced-form forecasting models...
Persistent link: https://www.econbiz.de/10005511885
Sungbae An and Frank Schorfheide have provided an excellent review of the main elements of Bayesian inference in Dynamic Stochastic General Equilibrium (DSGE) models. Bayesian methods have, for reasons clearly outlined in the paper, a very natural role to play in DSGE analysis, and the appeal of...
Persistent link: https://www.econbiz.de/10005511955
Persistent link: https://www.econbiz.de/10005531209
Persistent link: https://www.econbiz.de/10005422719