08-096/4 - Bayesian Averaging over Many Dynamic Model Structures with Evidence on the Great Ratios and Liquidity Trap Risk

• Authors
  Rodney W. Strachan, The University of Queensland, Australia; Herman K. van Dijk, Erasmus University Rotterdam, the Netherlands
• Publication date
  October 10, 2008

• Keywords
  Posterior probability; Grassman manifold; Orthogonal group; Cointegration; Model averaging; Stochastic trend; Impulse response;Vector autoregressive model; Great Ratios; Liquidity trap
• JEL
  C11, C32, C52