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| Richard Startz |
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| ''On the implicit uniform BIC prior'' |
| ( 2014, Vol. 34 No.2 ) |
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| I show how to find the uniform prior implicit in using the Bayesian Information Criterion to consider a hypothesis about a single normally distributed parameter. The ratio of the width of the implicit prior to the standard deviation of the parameter estimate is √2πn for large samples. |
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| Keywords: Bayesian Information Criterion, BIC, priors |
JEL: C1 - Econometric and Statistical Methods: General
C4 - Econometric and Statistical Methods: Special Topics |
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| Manuscript Received : Feb 26 2014 | | Manuscript Accepted : Apr 04 2014 |
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