Library Catalog
Amazon cover image
Image from Amazon.com

Complete and Incomplete Econometric Models / John Geweke.

By: Material type: TextTextSeries: The Econometric and Tinbergen Institutes LecturesPublisher: Princeton, NJ : Princeton University Press, [2010]Copyright date: ©2010Edition: Course BookDescription: 1 online resource (176 p.) : 23 line illus. 12 tablesContent type:
Media type:
Carrier type:
ISBN:
  • 9780691140025
  • 9781400835249
Subject(s): DDC classification:
  • 330.01/5195 22
LOC classification:
  • HB141
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- Contents -- Series Editors' Introduction -- Preface -- 1 Introduction -- 2. The Bayesian Paradigm -- 3. Prior Predictive Analysis And Model Evaluation -- 4. Incomplete Structural Models -- 5. An Incomplete Model Space -- References
Summary: Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response, econometricians have developed tests and other checks for model adequacy. All of these methods, however, take as given the specification of the model to be tested. In this book, John Geweke addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Summarizing and extending recent advances in Bayesian econometrics, Geweke shows how simple modern simulation methods can complement the creative process of model formulation. These methods, which are accessible to economics PhD students as well as to practicing applied econometricians, streamline the processes of model development and specification checking. Complete with illustrations from a wide variety of applications, this is an important contribution to econometrics that will interest economists and PhD students alike.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9781400835249

Frontmatter -- Contents -- Series Editors' Introduction -- Preface -- 1 Introduction -- 2. The Bayesian Paradigm -- 3. Prior Predictive Analysis And Model Evaluation -- 4. Incomplete Structural Models -- 5. An Incomplete Model Space -- References

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response, econometricians have developed tests and other checks for model adequacy. All of these methods, however, take as given the specification of the model to be tested. In this book, John Geweke addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Summarizing and extending recent advances in Bayesian econometrics, Geweke shows how simple modern simulation methods can complement the creative process of model formulation. These methods, which are accessible to economics PhD students as well as to practicing applied econometricians, streamline the processes of model development and specification checking. Complete with illustrations from a wide variety of applications, this is an important contribution to econometrics that will interest economists and PhD students alike.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)