Search
Search Results
-
Which financial inclusion indicators and dimensions matter for income inequality? A Bayesian model averaging approach
This paper employs Bayesian model averaging (BMA) and uses posterior inclusion probability (PIP) values to evaluate which financial inclusion...
-
Exploring the Fiscal policy—income inequality relationship with Bayesian model averaging analysis
The authors have employed several techniques to account for model uncertainty in the inequality-growth model. However, the BMA technique is the most...
-
Stock price index analysis of four OPEC members: a Bayesian approach
This study examines the relationship between macroeconomic variables and stock price indices of four prominent OPEC oil-exporting members. Bayesian...
-
Bayesian Model Averaging
Bayesian model averaging (BMA) is a statistical method to rigorously take model uncertainty into account. This chapter gives a coherent overview on...
-
Explaining German outward FDI in the EU: a reassessment using Bayesian model averaging and GLM estimators
The last decades have seen an increasing interest in FDI and the process of production fragmentation. This has been particularly important for...
-
Is there a euro effect in the drivers of US FDI? New evidence using Bayesian model averaging techniques
In this paper the authors analyze the potential determinants of US outward FDI stock with a particular focus on the euro effect during the period...
-
Measuring the model uncertainty of shadow economy estimates
We derive the measurement error of the shadow economy estimates stemming from the currency demand model uncertainty. The choice of regressors can...
-
Model uncertainty and efficiency measurement in stochastic frontier analysis with generalized errors
Advanced efficiency measurement methods usually fall within Stochastic Frontier Analysis (SFA), Data Envelopment Analysis (DEA), or their...
-
A spatial model averaging approach to measuring house prices
We present a novel approach to the estimation of hedonic imputation (HI) price indices for real estate markets using a new Mallows model averaging...
-
The determinants of social expenditures in OECD countries
Many theories have been proposed to explain why social expenditures have increased in industrialized countries. The determinants include...
-
Wind Turbines and Property Values: A Meta-Regression Analysis
A key concern for property owners about the set up of proximate wind turbines is the potential devaluation of their property. However, there is no...
-
Weighted-Average Least Squares (WALS): Confidence and Prediction Intervals
We consider inference for linear regression models estimated by weighted-average least squares (WALS), a frequentist model averaging approach with a...
-
The Devil is in the Details: On the Robust Determinants of Development Aid in G5 Sahel Countries
This paper introduces model uncertainty into the empirical study on the determinants of development aid at the regional level. This is done by...
-
What drives export market shares? It depends! An empirical analysis using Bayesian model averaging
What drives external performance of countries? This is a recurring question in academia and policy circles. The factors underlying export growth are...
-
Quest for the general effect size of finance on growth: a large meta-analysis of worldwide studies
We analyze diverse and heterogeneous literature to grasp the general effect size of financial development on economic growth on a world scale. For...
-
Price probabilities: a class of Bayesian and non-Bayesian prediction rules
This paper examines the implications of the market selection hypothesis on the accuracy of the probabilities implied by equilibrium prices and on the...
-
Mortality models ensemble via Shapley value
Model averaging techniques in the actuarial literature aim to forecast future longevity appropriately by combining forecasts derived from various...
-
Does the belt and road initiative resolve the steel overcapacity in China? Evidence from a dynamic model averaging approach
The Belt and Road Initiative (BRI) is an important long-term development plan in China. The initiative aims at expanding international markets and...
-
Individual discount rates: a meta-analysis of experimental evidence
A key parameter estimated by lab and field experiments in economics is the individual discount rate—and the results vary widely. We examine the...
-
Between the Eurozone crisis and the Brexit: the decade of British outward FDI into Europe
This paper investigates the determinants of outward foreign direct investment (OFDI) of British multinational firms in the European Union (EU) and...
