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Bayesian Averaging of Classical Estimates (BACE)

Posted: Tue Apr 19, 2011 8:48 pm
by sleu123
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

Re: Bayesian Averaging of Classical Estimates (BACE)

Posted: Wed Apr 20, 2011 11:51 am
by TomDoan
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.

Re: Bayesian Averaging of Classical Estimates (BACE)

Posted: Thu Apr 21, 2011 12:28 am
by sleu123
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