📖[PDF] Introduction to Bayesian Econometrics by Edward Greenberg | Perlego
Get access to over 700,000 titles
Start your free trial today and explore our endless library.
Join perlego now to get access to over 700,000 books
Join perlego now to get access to over 700,000 books
Join perlego now to get access to over 700,000 books
Join perlego now to get access to over 700,000 books
Introduction to Bayesian Econometrics
Introduction to Bayesian Econometrics
📖 Book - PDF

Introduction to Bayesian Econometrics

Edward Greenberg
shareBook
Share book
language
English
format
PDF
availableOnMobile
Available on iOS & Android
📖 Book - PDF

Introduction to Bayesian Econometrics

Edward Greenberg
Book details
Table of contents
Citations

About This Book

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.

Read More

Information

Publisher
Cambridge University Press
Year
2012
ISBN
9781139786331
Topic
Economics
Subtopic
Econometrics
Edition
2

Table of contents