Date of Award
1988
Document Type
Thesis
Publication Status
Version of Record
Submission Date
October 2026
Thesis/Dissertation Advisor [Chair]
Stronge, William B.
Abstract
This thesis presents the theory and an application of Bayesian econometrics. The classical theory of econometrics is also presented for a comparison study. In the Bayesian case the theory of the prior information, which is the distinguishing characteristic of the Bayesian approach, is presented by considering the cases of informative and non-informative priors. The classical and Bayesian approach represent the two fundamental, although opposite in the concept of probability, schools of thought in statistics and econometrics. An application to the estimation of standard macroeconomic equations is also included where both classical and Bayesian techniques are employed.
Extent
74 p.
Recommended Citation
Giakoumatos, Gerasimos S., "Bayesian econometrics: Analysis and illustrations" (1988). Electronic Theses and Dissertations 1980 - 1989. 608.
https://digitalcommons.fau.edu/etd_general_3/608
Identifier
FADT14484
Comments
College of Business|Thesis (M.A.)--Florida Atlantic University, 1988.|FAU Electronic Theses and Dissertations Collection|College of Business