Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10003787159
multivariate density forecasts, based on the Kullback-Leibler Information Criterion (KLIC). The test is valid under general …
Persistent link: https://www.econbiz.de/10011377261
This paper explores ways to integrate model uncertainty into policy evaluation. We first describe a general framework for the incorporation of model uncertainty into standard econometric calculations. This framework employs Bayesian model averaging methods that have begun to appear in a range of...
Persistent link: https://www.econbiz.de/10012467771
ranked according to the information restrictions employed in constructing noise estimates. Our results show that … information sets that exclude those variables …
Persistent link: https://www.econbiz.de/10012476117