Bayesian Interpretations of Heteroskedastic Consistent Covariance Estimators Using the Informed Bayesian Bootstrap |
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| Authors: | Dale J Poirier |
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| Institution: | 1. Department of Economics , University of California , Irvine , California , USA dpoirier@uci.edu |
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| Abstract: | This article provides Bayesian interpretations for White's heteroskedastic consistent (HC) covariance estimator, and various modifications of it, in linear regression models. An informed Bayesian bootstrap provides a useful framework. |
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| Keywords: | Dirichlet Multinomial Semiparametric |
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