Showing 1 - 10 of 4,248
Persistent link: https://www.econbiz.de/10005436794
This paper outlines an approach to Bayesian semiparametric regression in multiple equation models which can be used to carry out inference in seemingly unrelated regressions or simultaneous equations models with nonparametric components. The approach treats the points on each nonparametric...
Persistent link: https://www.econbiz.de/10005437427
In this paper we describe methods for predicting distributions of outcome gains in the framework of a latent variable selection model. We describe such procedures for Student-t selection models and a finite mixture of Gaussian selection models. Importantly, our algorithms for fitting these...
Persistent link: https://www.econbiz.de/10005441811
We describe a new Bayesian estimation algorithm for fitting a binary treatment, ordered outcome selection model in a potential outcomes framework. We show how recent advances in simulation methods, namely {\it data augmentation}, the {\it Gibbs sampler} and the {\it Metropolis-Hastings...
Persistent link: https://www.econbiz.de/10005433179
In this article we extend previous BMOM results by showing how information about a variance parameter and its relation to regression coefficients produces a rich class of postdata densities for regression parameters. Prediction and model selection techniques are also described. We also discuss...
Persistent link: https://www.econbiz.de/10005433204
Persistent link: https://www.econbiz.de/10005433268
This note derives simply computed closed-form expressions for the Average Treatment Effect (ATE), the effect of Treatment on the Treated (TT), the Local Average Treatment Effect (LATE) and Marginal Treatment Effect (MTE) in a latent variable framework for both normal and non-normal models....
Persistent link: https://www.econbiz.de/10005433409
WIC, the Special Supplemental Nutrition Program for Women, Infants, and Children, is a widely studied public food assistance program that aims to provide foods, nutrition education and other services to at-risk, low-income children and pregnant, breastfeeding and postpartum women. From a policy...
Persistent link: https://www.econbiz.de/10005433507
Using data from the National Longitudinal Survey of Youth (NLSY) we introduce and estimate various Bayesian hierarchical models that investigate the nature of unobserved heterogeneity in returns to schooling. We consider a variety of possible forms for the heterogeneity, some motivated by...
Persistent link: https://www.econbiz.de/10005433563
We describe estimation, learning and prediction in a treatment-response model with two outcomes. The introduction of potential outcomes in this model introduces four cross-regime correlation parameters that are not contained in the likelihood for the observed data and thus are not identified....
Persistent link: https://www.econbiz.de/10005436828