Download or read book Benchmark Priors Revisited written by Stefan Zeugner and published by International Monetary Fund. This book was released on 2009-09-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Default prior choices fixing Zellner's g are predominant in the Bayesian Model Averaging literature, but tend to concentrate posterior mass on a tiny set of models. The paper demonstrates this supermodel effect and proposes to address it by a hyper-g prior, whose data-dependent shrinkage adapts posterior model distributions to data quality. Analytically, existing work on the hyper-g-prior is complemented by posterior expressions essential to fully Bayesian analysis and to sound numerical implementation. A simulation experiment illustrates the implications for posterior inference. Furthermore, an application to determinants of economic growth identifies several covariates whose robustness differs considerably from previous results.

Download or read book IMF Working Papers written by Stefan Zeugner and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Conditionality Revisited written by Stefan Koeberle and published by World Bank Publications. This book was released on 2005-01-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This book brings together different perspectives on the role of conditionality, drawing on the experiences and lessons learned by the donor community, NGO critics and academic circles, and the borrowing countries, and provides a board overview of contemporary approaches to conditionality in today's aid architecture.

Download or read book New Insights into Bayesian Inference written by Mohammad Saber Fallah Nezhad and published by BoD – Books on Demand. This book was released on 2018-05-02 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an introduction to the mathematical analysis of Bayesian decision-making when the state of the problem is unknown but further data about it can be obtained. The objective of such analysis is to determine the optimal decision or solution that is logically consistent with the preferences of the decision-maker, that can be analyzed using numerical utilities or criteria with the probabilities assigned to the possible state of the problem, such that these probabilities are updated by gathering new information.

Download or read book Bayesian Statistics for the Social Sciences written by David Kaplan and published by Guilford Publications. This book was released on 2023-10-02 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this practical book equips social science researchers to apply the latest Bayesian methodologies to their data analysis problems. It includes new chapters on model uncertainty, Bayesian variable selection and sparsity, and Bayesian workflow for statistical modeling. Clearly explaining frequentist and epistemic probability and prior distributions, the second edition emphasizes use of the open-source RStan software package. The text covers Hamiltonian Monte Carlo, Bayesian linear regression and generalized linear models, model evaluation and comparison, multilevel modeling, models for continuous and categorical latent variables, missing data, and more. Concepts are fully illustrated with worked-through examples from large-scale educational and social science databases, such as the Program for International Student Assessment and the Early Childhood Longitudinal Study. Annotated RStan code appears in screened boxes; the companion website (www.guilford.com/kaplan-materials) provides data sets and code for the book's examples. New to This Edition *Utilizes the R interface to Stan--faster and more stable than previously available Bayesian software--for most of the applications discussed. *Coverage of Hamiltonian MC; Cromwell’s rule; Jeffreys' prior; the LKJ prior for correlation matrices; model evaluation and model comparison, with a critique of the Bayesian information criterion; variational Bayes as an alternative to Markov chain Monte Carlo (MCMC) sampling; and other new topics. *Chapters on Bayesian variable selection and sparsity, model uncertainty and model averaging, and Bayesian workflow for statistical modeling.

Download or read book Enriched Multinormal Priors Revisited written by William S. Jewell and published by . This book was released on 1982 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a 1974 paper, the author indicated how natural conjugate priors for multi-dimensional exponential family likelihoods could be enriched in certain cases through linear transformations of independent marginal priors. In particular, it was shown how the usual Normal-Wishart prior for the multinormal distribution with unknown mean vector and precision matrix could have the number of hyperparameters increased; thinness of the traditional prior is well-known. The new, linearly-dependent prior leads to full-dimensional credibility prediction formulae for the observational mean vector and covariance matrix, as contrasted with the simpler, self-dimensional forecasts obtained in prior literature. However, there was an error made in the sufficient-statistics term of the covariance predictor which is corrected in this work. In addition, this paper explains in detail the properties of the enriched multinormal prior and why revised statistics are needed, and interprets the important relationship between the linear transformation matrix and the matrix of credibility time constants. An enumeration of the additional number of hyperparameters needed for the enriched prior shows its value in modelling multinormal problems; it is shown that the estimation of these hyperparameters can be carried out in a natural way, in the space of the observable variables. (Author).

Download or read book Sovereign Debt and the Financial Crisis written by Carlos A. Primo Braga and published by World Bank Publications. This book was released on 2010-11-16 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents and discusses policy-relevant research on the current debt challenges which developing, emerging market and developed countries face. Its value added lies in the integrated approach of drawing on theoretical research and evidence from practitioners' experience in developing and emerging market countries.

Download or read book Benchmarking and Self Assessment for Parliaments written by Mitchell O'Brien and published by World Bank Publications. This book was released on 2016-03-28 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: With international focus on good governance and parliamentary effectiveness, a standards-based approach involving benchmarks and assessment frameworks has emerged to evaluate parliament's performance and guide its reforms. The World Bank's has been a leader in the development of these frameworks, stewarding a global multi-stakeholder process aimed at enhancing consensus around parliamentary benchmarks and indicators with international organizations and parliaments across the world. The results so far, some of which are captured in this book, are encouraging: countries as diverse as Australia, Canada, Ghana, Sri Lanka, Tanzania and Zambia have used these frameworks for self-evaluation and to guide efficiency-driven reforms. Donors and practitioners, too, are finding the benchmarks useful as baselines against which they can assess the impact of their parliamentary strengthening programs. The World Bank itself is using these frameworks to surface the root causes of performance problems and explore how to engage with parliamentary institutions in order to achieve better results. The World Bank can identify opportunities to help improve the oversight function of parliament, thus holding governments to account, giving 'voice' to the poor and disenfranchised, and improving public policy formation in order to achieve a nation's development goals. In doing so, we are helping make parliaments themselves more accountable to citizens and more trusted by the public.

Download or read book American Economic Journal written by and published by . This book was released on 2010 with total page 1202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Toolbox Revisited written by Clifford Adelman and published by . This book was released on 2006 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Toolbox Revisited is a data essay that follows a nationally representative cohort of students from high school into postsecondary education, and asks what aspects of their formal schooling contribute to completing a bachelor's degree by their mid-20s. The universe of students is confined to those who attended a four-year college at any time, thus including students who started out in other types of institutions, particularly community colleges.

Download or read book Monetary Policy the Economy written by and published by . This book was released on 2009 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book IMF Economic Review written by and published by . This book was released on 2011 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Minimum Description Length Principle written by Peter D. Grünwald and published by MIT Press. This book was released on 2007 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introduction to the MDL Principle provides a reference accessible to graduate students and researchers in statistics, pattern classification, machine learning, and data mining, to philosophers interested in the foundations of statistics, and to researchers in other applied sciences that involve model selection.

Download or read book Fundamental Information Analysis Revisited written by Jeffery Abarbanell and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The ITT Core Content Framework written by Professor Jonathan Glazzard and published by Learning Matters. This book was released on 2024-02-03 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This core, concise guide sets out the Core Content requirements for accredited Initial Teacher Training in England (the Core Content Framework (CCF)). It outlines, for primary trainees, what is expected of them – exploring what they need to ‘ *Learn that′ and ‘*Learn how to’. This second edition includes case studies in all chapters exemplifying good practice and making clear links between theory and practice. Also includes a new chapter on the Early Career Framework, supporting new teachers into their first years in the classroom.

Download or read book Understanding Strategic Management written by Anthony Henry and published by Oxford University Press. This book was released on 2021 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Strategic Management is the ideal introduction to strategy for students who require a concise, informative and practical approach. The book's four-part structure defines the concept of strategy, before using the overarching strategic framework of analysis, formulation, andimplementation to show how strategy can be used to develop a sustainable competitive advantage in business.The author conveys the realities of strategic management through diverse, international and contemporary examples, while Strategy in Focus boxes use examples from popular media to show strategic management issues at work in the headlines we read every day. A longer, integrated case study in everychapter ties together multiple strategic challenges that affect businesses large and small, public and private. Review and discussion questions then encourage students to be critical of the material and juxtapose alternative concepts and frameworks to evaluate their strengths and weaknesses.Students may extend their learning with additional material available as part of the online resources. Written by the author to build seamlessly on the book, Extension Material is signposted from every chapter, providing further depth on a specific topic where required. Multiple choice questions arealso signposted at the end of every chapter, encouraging students to test their knowledge and understanding.The rounded approach, extensive examples, and additional resources make this book a balanced and accessible introduction for students taking their first steps into strategic management.The ebook offers a mobile experience and convenient access: www.oxfordtextbooks.co.uk/ebooksThe online resources include:For students:Internet exercisesGlossaryExtension materialWorking through strategyMultiple-choice questionsAdditional recommended resourcesFor lecturers:Bank of additional case studiesAdditional discussion questions and promptsTest bankFurther case materialAnswers to discussion questionsPowerPoint slidesFigures and tables from the book

Download or read book Advances in Accounting Behavioral Research written by Khondkar E. Karim and published by Emerald Group Publishing. This book was released on 2016-11-04 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in Accounting Behavioral Research addresses a wide range of issues that affect the users, preparers and assurers of accounting information. Volume 19 exemplifies this focus by including research from auditing, taxation and managerial and information systems.