Titlebook: Are Policy Variables Exogenous?; The Econometric Impl Balazs Horvath Book 1991 Springer-Verlag Berlin Heidelberg 1991 Bayesian Learning.Bay

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Exoticism and Consumption in Anne Enright’s instead of classical (strict) exogeneity if the goal of the econometric ian is to use the simplest possible model without loss of relevant statistical information. Geweke (1984) on the other hand reveals the opposite side of the coin: while it is weak exogeneity that we are really after, that concep

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https://doi.org/10.1007/978-3-0348-5239-5 issues addressed to major areas in the literature. An illustrative model was presented in which even in the absence of any explicit dynamics the problem became nontrivial and dynamic by virtue of the presence of learning about the unknown parameter. The agent had to strike an optimal balance betwee

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Are Policy Variables Exogenous?978-3-642-58211-0Series ISSN 0075-8442 Series E-ISSN 2196-9957

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https://doi.org/10.1007/978-3-642-58211-0Bayesian Learning; Bayesianische Lerntheorie; Econometric Exogeneity; Lerntheorie; Simulation; Ökonometri

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