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

A broad coverage of the application of Bayesian econometrics in the major fields of economics and related disciplines, including macroeconomics, microeconomics,

Bayesian analysis has developed rapidly in applications in the last two decades and research in Bayesian methods remains dynamic and fast-growing. Dramatic adva

Bayesian statistics is currently undergoing something of a renaissance. At its heart is a method of statistical inference in which Bayes' theorem is used to upd

Illustrates Bayesian theory and application through a series of exercises in question and answer format.