A Bayesian Approach to Model Uncertainty /

This paper develops the theoretical background for the Limited Information Bayesian Model Averaging (LIBMA). The proposed approach accounts for model uncertainty by averaging over all possible combinations of predictors when making inferences about the variables of interest, and it simultaneously ad...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Tsangarides, Charalambos
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2004.
Seria:IMF Working Papers; Working Paper ; No. 2004/068
Hasła przedmiotowe:
Dostęp online:Full text available on IMF
LEADER 01771cas a2200277 a 4500
001 AALejournalIMF002954
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451849028 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Tsangarides, Charalambos. 
245 1 2 |a A Bayesian Approach to Model Uncertainty /  |c Charalambos Tsangarides. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2004. 
300 |a 1 online resource (21 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper develops the theoretical background for the Limited Information Bayesian Model Averaging (LIBMA). The proposed approach accounts for model uncertainty by averaging over all possible combinations of predictors when making inferences about the variables of interest, and it simultaneously addresses the biases associated with endogenous and omitted variables by incorporating a panel data systems Generalized Method of Moments estimator. Practical applications of the developed methodology are discussed, including testing for the robustness of explanatory variables in the analyses of the determinants of economic growth and poverty. 
538 |a Mode of access: Internet 
650 7 |a Estimation  |2 imf 
650 7 |a Least Squares  |2 imf 
650 7 |a WP  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2004/068 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2004/068/001.2004.issue-068-en.xml  |z IMF e-Library