Chib, Siddhartha; Greenberg, Edward; Winkelmann, Rainer (1998). Posterior simulation and Bayes factors in panel count data models. Journal of Econometrics, 86(1):33-54.
Full text not available from this repository.
View at publisher
This paper is concerned with the problems of posterior simulation and model choice for Poisson panel data models with multiple random effects. Efficient algorithms based on Markov chain Monte Carlo methods for sampling the posterior distribution are developed. A new parameterization of the random effects and fixed effects is proposed and compared with a parameterization in common use, and computation of marginal likelihoods and Bayes factors via Chib’s (1995) method is also considered. The methods are illustrated with two real data applications involving large samples and multiple random effects.
0 downloads since deposited on 11 Feb 2008
0 downloads since 12 months
|Item Type:||Journal Article, refereed, original work|
|Communities & Collections:||03 Faculty of Economics > Department of Economics|
|Deposited On:||11 Feb 2008 12:21|
|Last Modified:||27 Nov 2013 19:18|
Users (please log in): suggest update or correction for this item
Repository Staff Only: item control page