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Re: st: Bayesian VARs


From   Robert A Yaffee <[email protected]>
To   [email protected]
Subject   Re: st: Bayesian VARs
Date   Fri, 29 Oct 2010 13:01:46 -0400

Sebastian,
   You would need a method of formulating the prior distribution
and its hyperparameters.   If you wanted to use a noninformative
prior you could set one up on sspace using a diffuse prior.   
   You could  try constraining the means and variances for the 
C and G matrices in sspace. 
   Otherwise, you might have to resort to WinBUGS using Stata.
            Regards,
                    Robert

Robert A. Yaffee, Ph.D.
Research Professor
Silver School of Social Work
New York University

Biosketch: http://homepages.nyu.edu/~ray1/Biosketch2009.pdf

CV:  http://homepages.nyu.edu/~ray1/vita.pdf

----- Original Message -----
From: Sebastian Kruk <[email protected]>
Date: Wednesday, October 27, 2010 4:08 pm
Subject: st: Bayesian VARs
To: [email protected]


> Hi everyone!
> Is there any way to perform BVARs estimation using stata 11?
> Thanks in advance!
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