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APSA 2024 Annual Meeting
Philadelphia, PA | 5–8 September 2024

StataCorp will be an exhibitor at the APSA 2024 annual meeting. We are also hosting a preconference short course. Attending from StataCorp: Gustavo Sánchez, Director, Technical Services. For more information about the meeting, visit the APSA 2024 Annual Meeting page.

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Stata preconference short course

Title: Introduction to Bayesian analysis and Bayesian model averaging in Stata
Presenter: Gustavo Sánchez, Director, Technical Services, StataCorp
Date: Wednesday, 4 September 2024
Time: 9:00a.m.–1:00 p.m.
Location: Room 406 of the Marriott Philadelphia Downtown
Description: This short course will be divided into two sections. In the first section, I will give an introduction to the general Bayesian approach for regression analysis. In the second section, I will focus on the Bayesian model-averaging approach for regression analysis. We will be combining theoretical aspects with empirical applications using Stata.

I will cover the following aspects in the first section:

  • A brief introduction to Stata
  • A brief overview of Bayesian analysis
  • Why and when to use Bayesian analysis
  • Intuitive description of Markov chain Monte Carlo
  • Empirical applications using the bayes: prefix with Stata estimation commands
  • Linear regression
  • Probit model
  • Random effects Poisson model

I will cover the following aspects in the second section:

  • Brief introduction to model averaging
  • Brief description of Bayesian model averaging
  • Empirical application (Linear regression)
  • Posterior model probabilities
  • Posterior inclusion probabilities
  • Jointness (complement and substitute regressors)
  • Sensitivity
  • Predictions

Cost: $25.00

Gustavo Sánchez

Gustavo Sánchez, portrait

Gustavo Sánchez is a Senior Econometrician and Director of the Technical Services department at StataCorp LLC. He has a master's degree in econometrics from Southampton University, UK, and he got his PhD in agricultural economics at Texas A&M University. Gustavo worked at the Central Bank of Venezuela, and he was a professor of econometrics at the Universidad Central de Venezuela.

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