Doppelhofer, G.; Weeks, M. - Faculty of Economics, University of Cambridge - 2011
, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and … growth by Sala-i-Martin et al. (2004) are sensitive to deviations from benchmark model averaging. For example, the GDP shares … parsimonious mixture modeling that allows for fat-tailed errors compared to the normal benchmark case. Applying robust model …