Showing 1 - 10 of 1,593
Mathematics and Spanish test scores. To be able to test the theory, I develop a novel nonlinear difference-in-differences model …
Persistent link: https://www.econbiz.de/10012961951
Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of 'experts' in different ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under consideration. This paper introduces a new method,...
Persistent link: https://www.econbiz.de/10013315631
In socio-economic sciences the RePEc network (Research Papers in Economics) has become an essential source for the gathering and the spread of both existing and new economic research. Furthermore, it is currently the largest bibliometric database in economic sciences containing 33 different...
Persistent link: https://www.econbiz.de/10013112601
As the Internet economy has grown, so too has the need for trust. A degree of trust is a critical ingredient in virtually all economic relationships, Internet or otherwise. Every day we choose to trust plumbers, doctors, employers, employees, teachers, airlines, and others. The need for trust...
Persistent link: https://www.econbiz.de/10013316582
This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...
Persistent link: https://www.econbiz.de/10013129859
. For the researcher using Bayesian methods, a lack of identification may not be evident since the posterior of a parameter … the priors assumed on the structural parameters are independent. We suggest two Bayesian identification indicators that do …
Persistent link: https://www.econbiz.de/10013126000
Traditional approaches to structural vector autoregressions can be viewed as special cases of Bayesian inference …
Persistent link: https://www.econbiz.de/10012926556
This paper contributes to the on-going empirical debate regarding the role of the RBC model and in particular of technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov-Chain Monte-Carlo (MCMC) methods. Within this framework we...
Persistent link: https://www.econbiz.de/10013160381
Iterative Bayesian Model Averaging (IBMA) to address not only potential parameter heterogeneity, but also the model uncertainty …
Persistent link: https://www.econbiz.de/10012777687
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of …
Persistent link: https://www.econbiz.de/10012765299