Bayesian Economics Through Numerical Methods A Guide to Econometrics and Decision-Making with Prior Information /

• Main Author: Dorfman, Jeffrey H. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York, 1997.
• Subjects: Statistics.; Economic theory.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Statistics for Business/Economics/Mathematical Finance/Insurance.

The aim of this book is to provide researchers in economics, finance, and statistics with an up-to-date introduction to applying Bayesian techniques to empirical studies. It covers the full range of the new numerical techniques which have been developed over the last thirty years, notably: Monte Car...

Table of Contents:

• Theory and Basics
• A Quick Course in Bayesian Statistics and Decision Theory
• New Advances in Numerical Bayesian Techniques
• Applications in Econometrics
• Imposing Economic Theory
• Studying Parameters of Interest
• Unit Root and Cointegration Tests
• Model Specification Uncertainty
• Forecasting
• More Realistic Models Through Numerical Methods
• Applications to Economic Decision Making
• Decision Theory Applications.