Semiparametric Bayesian inference for dynamic Tobit panel data models with unobserved heterogeneity
نویسندگان
چکیده
منابع مشابه
Semiparametric Bayesian Inference for Dynamic Tobit Panel Data Models with Unobserved Heterogeneity
This paper develops semiparametric Bayesian methods for inference of dynamic Tobit panel data models. Our approach only requires to specify the conditional mean dependence of the unobserved heterogeneity on the initial conditions and the strictly exogenous variables; no further distributional assumption on the unobserved heterogeneity is needed. Important quantities of economic interest such as...
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ژورنال
عنوان ژورنال: Journal of Applied Econometrics
سال: 2008
ISSN: 0883-7252,1099-1255
DOI: 10.1002/jae.1017