The course introduces computational methods for Bayesian inference, with a special focus on empirical applications in economics and related fields such as finance and marketing. Students will be taught Markov chain Monte Carlo (MCMC) algorithms. The course covers applications such as demand estimation and macroeconomic forecasting.
The course introduces computational methods for Bayesian inference, with a special focus on empirical applications in economics and related fields such as finance and marketing. Students will be taught Markov chain Monte Carlo (MCMC) algorithms. The course covers applications such as demand estimation and macroeconomic forecasting.
