Doppelhofer, Gernot; Weeks, Melvyn - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2011
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 parsi- monious mixture modeling that allows for fat-tailed errors...