False posteriors for the long-term growth determinants

C-Tier

Journal: Economics Letters

Year: 2010

Volume: 109

Issue: 3

Pages: 144-146

Authors (3)

Charemza, Wojciech W. (not in RePEc) Strachan, Rodney (University of Queensland) Zurawski, Piotr (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

This paper shows: (1) bias may exist in Bayesian methods of selecting regressors; (2) the non-zero posterior inclusion probability of irrelevant regressors might affect the choice of regressors; and (3) how to compute the probability of falsely including a variable.

False posteriors for the long-term growth determinants

Authors (3)

Abstract

Technical Details