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A comparative analysis of prior families for distributed lags

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Abstract

A unified structure for recommended families of prior distributions for the coefficients of a distributed lag model is discussed. It enables us to highlight the essential similarities and differences between these families. We also examine theextent to which the families are adequate approximations to the opinions of a potential user.

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Authors and Affiliations

  1. Dept. of Mathematics, University of Benin, Benin City, Nigeria

    A. S. Young

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  1. A. S. Young
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Young, A.S. A comparative analysis of prior families for distributed lags. Empirical Economics 8, 215–227 (1983). https://doi.org/10.1007/BF01969345

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  • DOI: https://doi.org/10.1007/BF01969345

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