Bayesian Estimation Of A Simple Simultaneous Equation Model Using Gibbs Sampling
AbstractThis technical note illustrates the estimation of a simple simultaneous equation model using Gibbs sampling. The results of the estimation show that Gibbs sampling can be alternative approach for estimating the parameters of the model in a bayesian setting.
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Bibliographic InfoArticle provided by IIUM Journal of Economis and Management in its journal IIUM Journal of Economics and Management.
Volume (Year): 6 (1998)
Issue (Month): 1 (June)
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