Bayesian inference in limited dependent variable models. An application to measuring strike duration
有限因变量模型的贝叶斯推断:罢工持续时间应用
Abstract This paper presents a straightforward set of Bayesian techniques for analyzing models involving limited dependent variables; the techniques are demonstrated in an analysis of Kennan's (1985) data on contract strikes in US manufacturing. The data are analyzed by deriving posterior distributions—including probability distributions—of hazard functions for strike duration using numerical Monte Carlo methods. The distributions are employed to derive coverage intervals…