(Hardback)

How should planners use the available evidence to choose treatments This book addresses key aspects of this question, exploring and partially resolving pervasive problems of identification and statistical inference that arise when studying treatment response and making treatment choices.

(Hardback)

Offers an understanding of the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, and valuing capital goods. This title contains essential tools for academics, central banks, and more.

(Hardback)

Introduces an important method for estimating correlations for large systems of assets: Dynamic Conditional Correlation (DCC). This title demonstrates the role of correlations in financial decision making, and addresses the economic underpinnings and theoretical properties of correlations and their relation to other measures of dependence.

(Hardback)

Dynamic stochastic general equilibrium (DSGE) models have become one of the workhorses of modern macroeconomics and are extensively used for academic research as well as forecasting and policy analysis at central banks. This book introduces readers to state-of-the-art computational techniques used in the Bayesian analysis of DSGE models. The book c

(Hardback)

Reviews and develops Bayesian non-parametric and semi-parametric methods for applications in microeconometrics and quantitative marketing. This book advocates a Bayesian approach in which specific distributional assumptions are replaced with more flexible distributions based on mixtures of normals.

(Hardback)

Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. This book addresses the critical earlier stage of model development, the point at which potential models are inherently incomplete.

(Hardback)