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Bayesian Estimation of Dsge Models
Buch von Edward P Herbst (u. a.)
Sprache: Englisch

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"This book depicts valuable and revealing methods for solving, estimating, and analyzing a class of dynamic equilibrium models of the macroeconomy. It describes formally tractable techniques for the study of macroeconomic models that feature transition mechanisms for a large number of underlying shocks. Both authors have played important roles in developing and applying these techniques. This is a terrific resource for how to use these methods in practice."--Lars Peter Hansen, David Rockefeller Distinguished Service Professor of Economics, University of Chicago, and recipient of the Nobel Prize in economics

"This timely book collects in one place many of the key Markov chain Monte Carlo methods for numerical Bayesian inference along with many of their recent refinements. Written for applied users, it offers clear descriptions of each algorithm and illustrates how it can be used to estimate dynamic stochastic general equilibrium models in macroeconomics."--James D. Hamilton, Professor of Economics, University of California, San Diego

"This is perhaps the most thorough book available on how to estimate DSGE models using sophisticated Bayesian computation tools. It is an excellent resource for professionals and advanced students of the topic."--Serena Ng, Professor of Economics, Columbia University

"This book depicts valuable and revealing methods for solving, estimating, and analyzing a class of dynamic equilibrium models of the macroeconomy. It describes formally tractable techniques for the study of macroeconomic models that feature transition mechanisms for a large number of underlying shocks. Both authors have played important roles in developing and applying these techniques. This is a terrific resource for how to use these methods in practice."--Lars Peter Hansen, David Rockefeller Distinguished Service Professor of Economics, University of Chicago, and recipient of the Nobel Prize in economics

"This timely book collects in one place many of the key Markov chain Monte Carlo methods for numerical Bayesian inference along with many of their recent refinements. Written for applied users, it offers clear descriptions of each algorithm and illustrates how it can be used to estimate dynamic stochastic general equilibrium models in macroeconomics."--James D. Hamilton, Professor of Economics, University of California, San Diego

"This is perhaps the most thorough book available on how to estimate DSGE models using sophisticated Bayesian computation tools. It is an excellent resource for professionals and advanced students of the topic."--Serena Ng, Professor of Economics, Columbia University

Über den Autor
Edward P. Herbst & Frank Schorfheide
Details
Erscheinungsjahr: 2015
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9780691161082
ISBN-10: 0691161089
Sprache: Englisch
Einband: Gebunden
Autor: Herbst, Edward P
Schorfheide, Frank
Redaktion: Fok, Dennis
Dijk, Herman K. van
Franses, Philip Hans
Hersteller: Princeton University Press
Maße: 223 x 144 x 32 mm
Von/Mit: Edward P Herbst (u. a.)
Erscheinungsdatum: 29.12.2015
Gewicht: 0,461 kg
Artikel-ID: 121212487
Über den Autor
Edward P. Herbst & Frank Schorfheide
Details
Erscheinungsjahr: 2015
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9780691161082
ISBN-10: 0691161089
Sprache: Englisch
Einband: Gebunden
Autor: Herbst, Edward P
Schorfheide, Frank
Redaktion: Fok, Dennis
Dijk, Herman K. van
Franses, Philip Hans
Hersteller: Princeton University Press
Maße: 223 x 144 x 32 mm
Von/Mit: Edward P Herbst (u. a.)
Erscheinungsdatum: 29.12.2015
Gewicht: 0,461 kg
Artikel-ID: 121212487
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