Abstract
Bayesian methods were developed for inference in dynamic panel data models with individual effects, and were applied for the study of longitudinal data on earnings from the Panel Study on Income Dynamics (PSID). Semiparametric Bayesian methods were adapted to a random effects autoregressive model with nonparametric idiosyncratic shocks.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 781-799 |
| Number of pages | 19 |
| Journal | Econometrica |
| Volume | 70 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jan 1 2002 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics