Description
In this new and expanding area, Tony Lancaster's text is the first comprehensive introduction to the Bayesian way of doing applied economics.
About the Author
Tony Lancaster is Herbert H. Goldberger Professor of Economics and Professor of Community Health at Brown University. He is the author of The Econometric Analysis of Transition Data (1990), an Econometric Society Monograph.
Reviews
"This book conveys the revolution in Bayesian statistics brought about by modern computing and simulation methods from a perspective that econometricians will find familiar. It works through the implications for econometric practice using practical examples and accessible computer software. Graduate students in economics will find it highly accessible. Practitioners steeped in classical econometric methods will find much that is new, exciting, and useful here as well." John Geweke, University of Iowa
Book Information
ISBN 9781405117203
Author Tony Lancaster
Format Paperback
Page Count 416
Imprint Wiley-Blackwell
Publisher John Wiley and Sons Ltd
Weight(grams) 708g
Dimensions(mm) 246mm * 173mm * 23mm
- Uses clear explanations and practical illustrations and problems to present innovative, computer-intensive ways for applied economists to use the Bayesian method;
- Emphasizes computation and the study of probability distributions by computer sampling;
- Covers all the standard econometric models, including linear and non-linear regression using cross-sectional, time series, and panel data;
- Details causal inference and inference about structural econometric models;
- Includes numerical and graphical examples in each chapter, demonstrating their solutions using the S programming language and Bugs software
- Supported by online supplements, including Data Sets and Solutions to Problems, at www.blackwellpublishing.com/lancaster
About the Author
Tony Lancaster is Herbert H. Goldberger Professor of Economics and Professor of Community Health at Brown University. He is the author of The Econometric Analysis of Transition Data (1990), an Econometric Society Monograph.
Reviews
"This book conveys the revolution in Bayesian statistics brought about by modern computing and simulation methods from a perspective that econometricians will find familiar. It works through the implications for econometric practice using practical examples and accessible computer software. Graduate students in economics will find it highly accessible. Practitioners steeped in classical econometric methods will find much that is new, exciting, and useful here as well." John Geweke, University of Iowa
"Lancaster's text gives an impressive overview of the Bayesian point of view, and should prove a valuable resource to econometricians of all persuasions." Werner Ploberger, University of Rochester
Book Information
ISBN 9781405117203
Author Tony Lancaster
Format Paperback
Page Count 416
Imprint Wiley-Blackwell
Publisher John Wiley and Sons Ltd
Weight(grams) 708g
Dimensions(mm) 246mm * 173mm * 23mm
