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dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.date.available2016-02-03T17:18:46Z
dc.date.issued2016-02-02
dc.identifier.urihttp://hdl.handle.net/10784/7973
dc.description.abstractThe main contribution of this work is the discussion about the widespread of the data from the economic experiments. Particularly, in regards with those that research about the discounting rate of the agents, where we suggest using the Dynamic Stochastic General Equilibrium models (DSGE) under a Bayesian approach. Besides, the inclusion of the entrepreneurs in the economic experiments in order to establish which are the long and short discounting rate is also mentioned. In this way, in order to reach what was said before, both a Neoclassic and a Neo Keynesian standard model were used to contrast the parameters robustness. Finally, it is showed that both the short and long term discounting rates after using Bayesian estimation are more consistent with the experiments carried out with entrepreneurs than those with students.spa
dc.language.isoengspa
dc.publisherUniversidad EAFITspa
dc.titleA contribution of Bayesian approach to experimental economicsspa
dc.typeworkingPaperspa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.publisher.departmentEscuela de Economía y Finanzasspa
dc.type.localDocumento de trabajo de investigaciónspa
dc.subject.keywordModels and applicationsspa
dc.subject.keywordIntertemporal Consumer Choicespa
dc.subject.keywordBayesian econometricsspa
dc.rights.localAcceso abiertospa
dc.date.accessioned2016-02-03T17:18:46Z
dc.type.hasVersiondraftspa
dc.identifier.jelE37
dc.identifier.jelD91
dc.identifier.jelE32
dc.contributor.authorHurtado Rendón, Álvaro Arturo


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