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Turning a DSGE Model into a Bayesian Model

Edward P. Herbst and Frank Schorfheide

in Bayesian Estimation of DSGE Models

Published in print:
2015
Published Online:
October 2017
ISBN:
9780691161082
eISBN:
9781400873739
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691161082.003.0002
Subject:
Economics and Finance, Econometrics

This chapter considers the turning of DSGE models into Bayesian versions by specifying a probability distribution for the innovations of the exogenous shock processes. There exists a wide variety of ... More


Analogies and Theories: The Role of Simplicity and the Emergence of Norms

Itzhak Gilboa, Larry Samuelson, and David Schmeidler

in Analogies and Theories: Formal Models of Reasoning

Published in print:
2015
Published Online:
May 2015
ISBN:
9780198738022
eISBN:
9780191801419
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198738022.003.0005
Subject:
Economics and Finance, Econometrics

This chapter first adapts the framework of the model of Gilboa, Samuelson, and Schmeidler (GSS, 2013, Chapter 3) and defines case-based and rule-based reasoning. It then deals with a purely exogenous ... More


Introduction

Gregory D. Hess

in Guns and Butter: The Economic Causes and Consequences of Conflict

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262012812
eISBN:
9780262255387
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262012812.003.0001
Subject:
Political Science, Political Economy

This introductory chapter discusses the theme of this volume which is about the main areas of the current work in the political economy of conflict or war. This volume explores theoretical aspects of ... More


Guns and Butter: The Economic Causes and Consequences of Conflict

Gregory D. Hess (ed.)

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262012812
eISBN:
9780262255387
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262012812.001.0001
Subject:
Political Science, Political Economy

This book examines the causes and consequences of war from a political economy perspective, taking as its premise that a consideration of the incentives and constraints faced by individuals and ... More


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