## Bayesian estimation of the earnings function |

### What people are saying - Write a review

We haven't found any reviews in the usual places.

### Common terms and phrases

_ N _ _N _ alnw assumed known assuming zero assumption Bayes Bayesian estimators Bayesian techniques Bi-B choice of technique Coefficient Estimates coefficient vector correlation matrix determined subjectively Earnings Function education and experience education squared eigenvalue estimated coefficient estimating the coefficients estimation techniques exp*spouse experience squared Federal government worker fourth technique Graph GRQPH H-ha Hoerl and Kennard ith individual's Lindley and Smith matrix X'X modal values nonorthogonal objections to OLS OLS and Ridge OLS estimates orthogonal problem parameters point estimate post-school training posterior density posterior distribution Princeton University prior distribution prior knowledge priors for 02 proxy Ridge Estimates ridge regression ridge technique ridge traces schooling and post-school set of Bayesian set to zero sets of estimates Sharon Smith SMSA spouse absent spouse present third stage precision true coefficient variables variance ratio wage advantage zero mean zero third stage