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False posteriors for the long-term growth determinants

dc.contributor.authorCharemza, Wojciech W.
dc.contributor.authorStrachan, Rodney
dc.contributor.authorZurawski, Piotr
dc.date.accessioned2015-12-10T23:13:02Z
dc.date.issued2010
dc.date.updated2016-02-24T08:33:48Z
dc.description.abstractThis paper shows: (1) bias may exist in Bayesian methods of selecting regressors; (2) the non-zero posterior inclusion probability of irrelevant regressors might affect the choice of regressors; and (3) how to compute the probability of falsely including
dc.identifier.issn0165-1765
dc.identifier.urihttp://hdl.handle.net/1885/64240
dc.publisherElsevier
dc.sourceEconomics Letters
dc.subjectKeywords: Bayesian averaging; Long-term growth; Selection bias; Selection of determinants
dc.titleFalse posteriors for the long-term growth determinants
dc.typeJournal article
local.bibliographicCitation.issue3
local.bibliographicCitation.lastpage146
local.bibliographicCitation.startpage144
local.contributor.affiliationCharemza, Wojciech W., University of Leicester
local.contributor.affiliationStrachan, Rodney, College of Business and Economics, ANU
local.contributor.affiliationZurawski, Piotr, London School of Economics
local.contributor.authoruidStrachan, Rodney, u4823922
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.identifier.absfor140302 - Econometric and Statistical Methods
local.identifier.absfor010406 - Stochastic Analysis and Modelling
local.identifier.absseo900101 - Finance Services
local.identifier.ariespublicationf2965xPUB906
local.identifier.citationvolume109
local.identifier.doi10.1016/j.econlet.2010.08.026
local.identifier.scopusID2-s2.0-77957765257
local.identifier.thomsonID000285823400003
local.type.statusPublished Version

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