## Abstract This paper describes procedures for forecasting countries' output growth rates and medians of a set of output growth rates using Hierarchical Bayesian (HB) models. The purpose of this paper is to show how the Ξ³βshrinkage forecast of Zellner and Hong (1989) emerges from a hierarchical Ba
Prediction of Growth: A Hierarchical Bayesian Approach
β Scribed by Elja Arjas; Liping Liu; Niko Maglaperidze
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 969 KB
- Volume
- 39
- Category
- Article
- ISSN
- 0323-3847
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