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In this paper we head for a fully Bayesian analysis of the latent class model with a priori unknown number of classes. Estimation is carried out by means of Markov Chain Monte Carlo (MCMC) methods. We deal explicitely with the consequences the unidentifiability of this type of model has on MCMC...
Persistent link: https://www.econbiz.de/10005844780
In the present paper we consider Bayesian estimation of a finite mixture of models with random effects which is also known as the heterogeneity model. First, we discuss the properties of various MCMC samplers that are obtained from full conditional Gibbs sampling by grouping and collapsing.(...)
Persistent link: https://www.econbiz.de/10005844781
This paper presents the fully Bayesian analysis of the latent class model using a new approach towards MCMC estimation in the context of mixture models. The approach starts with estimating unidentified models for various numbers of classes.(...)
Persistent link: https://www.econbiz.de/10005844794
In this paper we carry out fully Bayesian analysis of the general heterogeneity model, which is a mixture of random effects model, and its special cases, the random coefficient model and the latent class model. Our application comes from Conjoint analysis and we are especially interested in what...
Persistent link: https://www.econbiz.de/10005844809
Persistent link: https://www.econbiz.de/10001891376
Persistent link: https://www.econbiz.de/10003319808
In this work, we analyze wage careers of women in Austria. We identify groups of female employees with similar patterns in their earnings development. Covariates such as e.g. the age of entry, the number of children or maternity leave help to detect these groups. We find three different types of...
Persistent link: https://www.econbiz.de/10009325742
In this work, we analyze wage careers of women in Austria. We identify groups of female employees with similar patterns in their earnings development. Covariates such as e.g. the age of entry, the number of children or maternity leave help to detect these groups. We find three different types of...
Persistent link: https://www.econbiz.de/10011310732
A random effects model is presented to estimate multivariate data of mixed data types. Such data typically appear in studies where different response variables are measured repeatedly for one subject. It is possible to relate normal, binary, multinomial and count data by our joint model. Further...
Persistent link: https://www.econbiz.de/10008550863
In dieser Arbeit analysieren wir Einkommensverläufe von Frauen in Österreich. Unser Ziel ist es, mit Hilfe von zusätzlichen erklärenden Variablen wie z.B. dem Alter bei Berufseintritt, der Kinderanzahl oder einer Karenzvariable, Gruppen von erwerbst¨atigen Frauen mit ähnlichen...
Persistent link: https://www.econbiz.de/10011344851