Limited Information Bayesian Model Averaging for Dynamic Panels with Short Time Periods /

Bayesian Model Averaging (BMA) provides a coherent mechanism to address the problem of model uncertainty. In this paper we extend the BMA framework to panel data models where the lagged dependent variable as well as endogenous variables appear as regressors. We propose a Limited Information Bayesian...

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Hlavní autor: Mirestean, Alin
Další autoři: Chen, Huigang, Tsangarides, Charalambos
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/074
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On-line přístup:Full text available on IMF