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Macroeconomic Modelling and Bayesian Methods

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  • Pami Dua

    (University of Delhi)

Abstract

This paper discusses the evolution of macroeconomic modelling. In particular, it focuses on Bayesian methods and provides some applications of the Bayesian Vector Autoregression methods to the Indian economy.

Suggested Citation

  • Pami Dua, 2017. "Macroeconomic Modelling and Bayesian Methods," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 15(2), pages 209-226, June.
    • Handle: RePEc:spr:jqecon:v:15:y:2017:i:2:d:10.1007_s40953-017-0077-4
    DOI: 10.1007/s40953-017-0077-4
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    Cited by:

    1. Radmila Krkošková, 2019. "Modelování makroekonomických agregátů české a slovenské ekonomiky pomocí var modelů [Modelling Macroeconomic Aggregates of the Czech and Slovak Economies Using Var Models]," Politická ekonomie, Prague University of Economics and Business, vol. 2019(6), pages 593-610.
    2. T. P. Sinha, 2022. "A Macro-Econometric VAR Model of India Incorporating Black Income," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(3), pages 629-660, September.

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    More about this item

    Keywords

    Macroeconomic modelling; Bayesian methods; Time series;
    All these keywords.

    JEL classification:

    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables

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