LEADER 03537nam 2200745Ia 450 001 9910456817803321 005 20200520144314.0 010 $a1-282-47315-8 010 $a1-282-93628-X 010 $a9786612473159 010 $a9786612936289 010 $a1-4008-3524-0 010 $a0-691-14002-2 024 7 $a10.1515/9781400835249 035 $a(CKB)2550000000007554 035 $a(EBL)483548 035 $a(OCoLC)659549748 035 $a(SSID)ssj0000358159 035 $a(PQKBManifestationID)11250763 035 $a(PQKBTitleCode)TC0000358159 035 $a(PQKBWorkID)10376812 035 $a(PQKB)10715692 035 $a(MiAaPQ)EBC483548 035 $a(MdBmJHUP)muse36828 035 $a(DE-B1597)446907 035 $a(OCoLC)979745517 035 $a(DE-B1597)9781400835249 035 $a(MiAaPQ)EBC4968571 035 $a(PPN)170238814 035 $a(Au-PeEL)EBL483548 035 $a(CaPaEBR)ebr10359235 035 $a(CaONFJC)MIL293628 035 $a(Au-PeEL)EBL4968571 035 $a(CaONFJC)MIL247315 035 $a(EXLCZ)992550000000007554 100 $a20090626d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aComplete and incomplete econometric models$b[electronic resource] /$fJohn Geweke 205 $aCourse Book 210 $aPrinceton $cPrinceton University Press$dc2010 215 $a1 online resource (176 p.) 225 0 $aThe Econometric and Tinbergen Institutes lecture series 300 $aSeries statement from jacket. 320 $aIncludes bibliographical references. 327 $t Frontmatter -- $tContents -- $tSeries Editors' Introduction -- $tPreface -- $t1 Introduction -- $t2. The Bayesian Paradigm -- $t3. Prior Predictive Analysis And Model Evaluation -- $t4. Incomplete Structural Models -- $t5. An Incomplete Model Space -- $tReferences 330 $aEconometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response, econometricians have developed tests and other checks for model adequacy. All of these methods, however, take as given the specification of the model to be tested. In this book, John Geweke addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete. Summarizing and extending recent advances in Bayesian econometrics, Geweke shows how simple modern simulation methods can complement the creative process of model formulation. These methods, which are accessible to economics PhD students as well as to practicing applied econometricians, streamline the processes of model development and specification checking. Complete with illustrations from a wide variety of applications, this is an important contribution to econometrics that will interest economists and PhD students alike. 410 0$aEconometric and Tinbergen Institutes lectures. 606 $aEconometric models 606 $aEconometrics 608 $aElectronic books. 615 0$aEconometric models. 615 0$aEconometrics. 676 $a330.01/5195 700 $aGeweke$b John$0121506 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910456817803321 996 $aComplete and incomplete econometric models$92488618 997 $aUNINA