Bayesian Averaging of Classical Estimates (BACE)

Questions related to panel (pooled cross-section time series) data.

Bayesian Averaging of Classical Estimates (BACE)

Postby sleu123 » Tue Apr 19, 2011 8:48 pm

Dear All,

I am wondering if someone has coded the following paper in RATS and would be happy to share the code with me:

Sala-i-Martin, Doppelhofer, and Miller (2004), "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE)", American Economic Review, 94(4), pp. 813-835.

Thank you for your time.

Kind Regards,

Shawn
sleu123
 
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Re: Bayesian Averaging of Classical Estimates (BACE)

Postby TomDoan » Wed Apr 20, 2011 11:51 am

sleu123 wrote:Dear All,

I am wondering if someone has coded the following paper in RATS and would be happy to share the code with me:

Sala-i-Martin, Doppelhofer, and Miller (2004), "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE)", American Economic Review, 94(4), pp. 813-835.

Thank you for your time.

Kind Regards,

Shawn


If you've found that in some other language, I could certainly take a look at it. It appears to be just a staggering amount of number-crunching over relatively straightforward calculations.
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Re: Bayesian Averaging of Classical Estimates (BACE)

Postby sleu123 » Thu Apr 21, 2011 12:28 am

Thank you Tom for your kind reply. The original BACE code is in GAUSS. Please find attached the code and the data.

Thanks again for your time.

Best Regards,

Shawn
Attachments
BACEdata.txt
(48.74 KiB) Downloaded 107 times
Bace.txt
(14.75 KiB) Downloaded 99 times
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