Bayesian Estimation of DSGE Models (Hardcover)

Frank Schorfheide

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Lingua: inglese

Editore: Princeton University Press, New Jersey, 2015

0691161089 / 9780691161082

Serie: Libro 4 di 6 - The Econometric and Tinbergen Institutes Lectures

Da: Grand Eagle Retail, Bensenville, IL, U.S.A.Grand Eagle Retail

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Venditore AbeBooks dal 12 ottobre 2005

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Hardcover. Dynamic stochastic general equilibrium (DSGE) models have become one of the workhorses of modern macroeconomics and are extensively used for academic research as well as forecasting and policy analysis at central banks. This book introduces readers to state-of-the-art computational techniques used in the Bayesian analysis of DSGE models. The book covers Markov chain Monte Carlo techniques for linearized DSGE models, novel sequential Monte Carlo methods that can be used for parameter inference, and the estimation of nonlinear DSGE models based on particle filter approximations of the likelihood function. The theoretical foundations of the algorithms are discussed in depth, and detailed empirical applications and numerical illustrations are provided. The book also gives invaluable advice on how to tailor these algorithms to specific applications and assess the accuracy and reliability of the computations. Bayesian Estimation of DSGE Models is essential reading for graduate students, academic researchers, and practitioners at policy institutions. Dynamic stochastic general equilibrium (DSGE) models have become one of the workhorses of modern macroeconomics and are extensively used for academic research as well as forecasting and policy analysis at central banks. This book introduces readers to state-of-the-art computational techniques used in the Bayesian analysis of DSGE models. The book c Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Codice articolo 9780691161082

Titolo
Bayesian Estimation of DSGE Models (Hardcover)
Autore
Frank Schorfheide
Editore
Princeton University Press, New Jersey
Anno di pubblicazione
2015
Condizione
new
Rilegatura
Hardcover
Lingua
inglese
ISBN 10
0691161089
ISBN 13
9780691161082
Serie
Libro 4 di 6: The Econometric and Tinbergen Institutes Lectures

Grand Eagle Retail

Bensenville, IL, U.S.A.

Venditore con 5 stelle

Venditore AbeBooks dal 12 ottobre 2005

Tariffe di spedizione nazionale per U.S.A.

ArticoloDa 6 a 14 giorni lavorativiDa 6 a 16 giorni lavorativi
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