Introduction to Bayesian Econometrics

Introduction to Bayesian Econometrics
Author :
Publisher : Cambridge University Press
Total Pages : 271
Release :
ISBN-10 : 9781107015319
ISBN-13 : 1107015316
Rating : 4/5 (316 Downloads)

Book Synopsis Introduction to Bayesian Econometrics by : Edward Greenberg

Download or read book Introduction to Bayesian Econometrics written by Edward Greenberg and published by Cambridge University Press. This book was released on 2013 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook explains the basic ideas of subjective probability and shows how subjective probabilities must obey the usual rules of probability to ensure coherency. It defines the likelihood function, prior distributions and posterior distributions. It explains how posterior distributions are the basis for inference and explores their basic properties. Various methods of specifying prior distributions are considered, with special emphasis on subject-matter considerations and exchange ability. The regression model is examined to show how analytical methods may fail in the derivation of marginal posterior distributions. The remainder of the book is concerned with applications of the theory to important models that are used in economics, political science, biostatistics and other applied fields. New to the second edition is a chapter on semiparametric regression and new sections on the ordinal probit, item response, factor analysis, ARCH-GARCH and stochastic volatility models. The new edition also emphasizes the R programming language.


Introduction to Bayesian Econometrics Related Books

Introduction to Bayesian Econometrics
Language: en
Pages: 271
Authors: Edward Greenberg
Categories: Business & Economics
Type: BOOK - Published: 2013 - Publisher: Cambridge University Press

GET EBOOK

This textbook explains the basic ideas of subjective probability and shows how subjective probabilities must obey the usual rules of probability to ensure coher
Introduction to Modern Bayesian Econometrics
Language: en
Pages: 401
Authors: Tony Lancaster
Categories: Business & Economics
Type: BOOK - Published: 2004-06-28 - Publisher: Wiley-Blackwell

GET EBOOK

Almost two hundred and forty years ago, an English clergyman named Thomas Bayes developed a method to calculate the chances of uncertain events. While his metho
Bayesian Econometric Methods
Language: en
Pages: 491
Authors: Joshua Chan
Categories: Business & Economics
Type: BOOK - Published: 2019-08-15 - Publisher: Cambridge University Press

GET EBOOK

Illustrates Bayesian theory and application through a series of exercises in question and answer format.
Bayesian Econometrics
Language: en
Pages: 382
Authors: Gary Koop
Categories: Business & Economics
Type: BOOK - Published: 2003 - Publisher: Wiley-Interscience

GET EBOOK

Researchers in many fields are increasingly finding the Bayesian approach to statistics to be an attractive one. This book introduces the reader to the use of B
The Oxford Handbook of Bayesian Econometrics
Language: en
Pages: 571
Authors: John Geweke
Categories: Business & Economics
Type: BOOK - Published: 2011-09-29 - Publisher: Oxford University Press

GET EBOOK

Bayesian econometric methods have enjoyed an increase in popularity in recent years. Econometricians, empirical economists, and policymakers are increasingly ma