Truth and Robustness in Cross-country Growth Regressions
β Scribed by Kevin D. Hoover; Stephen J. Perez
- Book ID
- 111046826
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 179 KB
- Volume
- 66
- Category
- Article
- ISSN
- 0140-5543
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract We investigate the issue of model uncertainty in crossβcountry growth regressions using Bayesian Model Averaging (BMA). We find that the posterior probability is spread widely among many models, suggesting the superiority of BMA over choosing any single model. Outβofβsample predictive r
In this paper we employ an additive semiparametric partially linear model to uncover the way that initial output and schooling levels aect growth rates. Our results based on marginal integration allow for graphical representation of the non-linearities that characterize the eects that these variable