Welfare gains of the poor: An endogenous Bayesian approach with spatial random effects
We introduce a Bayesian instrumental variable procedure with spatial random effects that handles endogeneity, and spatial dependence with unobserved heterogeneity. We find through a limited Monte Carlo experiment that our proposal works well in terms of point estimates and prediction. Then, we apply...
- Autores:
-
Ramírez Hassan, Andrés
Montoya Blandón, Santiago
- Tipo de recurso:
- Fecha de publicación:
- 2015
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/7348
- Acceso en línea:
- http://hdl.handle.net/10784/7348
- Palabra clave:
- Bayesian Estimation
Endogeneity
Instruments
Simultaneous Equations
Spatial Random Effects
Welfare Analysis
Estimación Bayesiana
Endogeneidad
Instrumentos
Ecuaciones Simultáneas
Efectos Aleatorios Espaciales
Análisis de Bienestar
- Rights
- License
- Acceso abierto