POSTERIOR MOMENTS COMPUTED BY MIXED INTEGRATION

Herman van Dijk and T. Kloek

No 272277, Econometric Institute Archives from Erasmus University Rotterdam

Abstract: A flexible numerical integration method is proposed for the computation of moments of a multivariate posterior density with different tail properties in different directions. The method (called mixed integration) amounts to a combination of classical numerical integration and Monte Carlo integration. Mixed integration is parsimonious in the sense that the method makes use of the same parameters as the more restrictive multivariate normal importance function.

Keywords: Agricultural and Food Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 18
Date: 1983-06
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/272277/files/erasmus153.pdf (application/pdf)
https://ageconsearch.umn.edu/record/272277/files/erasmus153.pdf?subformat=pdfa (application/pdf)

Related works:
Journal Article: Posterior moments computed by mixed integration (1985)
Working Paper: POSTERIOR MOMENTS COMPUTED BY MIXED INTEGRATION (1985)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:eureia:272277

DOI: 10.22004/ag.econ.272277

Access Statistics for this paper

More papers in Econometric Institute Archives from Erasmus University Rotterdam Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().