Bayesian Econometrics with Stan

By (author) James Savage,Bob Carpenter,Daniel Lee,Andrew Gelman,Jonah Gabry

ISBN13: 9781138626515

Imprint: CRC Press

Publisher: Taylor & Francis Ltd

Format: Hardback

Published: 31/12/2023

Availability: Available

Description
This book provides an overview of Bayesian econometric models both for students/young researchers who are learning these models for the first time, and for more experienced researchers who would like to use the models in a Bayesian framework. The book is written so as to be accessible to these dual audiences, and is filled with illustrative worked examples using real data. The book uses Stan - developed by all but one of the authors - to implement the models. Stan is a powerful and flexible probabilistic programming language that can handle the very complex models found in econometrics.
Introduction An illustration of Bayesian Workflow with a simple linear model Causal Inference Discrete Choice An introduction to forecasting The Lucas critique and structural macroeconomic modelling Portfolio risk management in an uncertain environment
  • Probability & statistics
  • Economic statistics
  • General (US: Trade)
  • Professional & Vocational
  • Tertiary Education (US: College)
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List Price: £61.50