Bayesian leading indicators: Measuring and predicting economic conditions in Iowa

被引：77

作者：

Otrok, C ^{[1
]}

Whiteman, CH ^{[1
]}

机构：

[1] Univ Iowa, Iowa City, IA 52242 USA

来源：

INTERNATIONAL ECONOMIC REVIEW | 1998年 / 39卷 / 04期

关键词：

D O I：

10.2307/2527349

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper designs and implements a Bayesian dynamic latent factor model for a Vector of data describing the Iowa economy. Posterior distributions of parameters and the latent factor are analyzed by Markov Chain Monte Carlo methods, and coincident and leading indicators are computed by using posterior mean values of current and predictive distributions for the latent factor.

引用

页码：997 / 1014

页数：18

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