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density forecasts use information derived from surveys on expectations and implied statistics of predictive models. The … methodology also decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk … application to forecast world gross domestic product growth is used to test the Bayesian entropy methodology. Predictive variance …
Persistent link: https://www.econbiz.de/10012245794
density forecasts use information derived from surveys on expectations and implied statistics of predictive models. The … methodology also decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk … application to forecast world gross domestic product growth is used to test the Bayesian entropy methodology. Predictive variance …
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If data exhibit a dimensional structure more complex than what is assumed, key conditional independence assumptions of the hypothesized model do not hold. The current work pursues posterior predictive model checking, a flexible family of Bayesian model checking procedures, as a tool for...
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