Nationality American Role Economist | Name Arnold Zellner | |
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Born January 2, 1927Brooklyn, New York ( 1927-01-02 ) Alma mater University of California, BerkeleyHarvard University Doctoral students John M. AbowdGreg Allenby (de)Sanford J. GrossmanRobert J. HodrickJohn H. MakinClaude Montmarquette (fr)Charles PlosserJames B. Ramsey Known for Bayesian analysisg-priorSeemingly unrelated regressions Died August 11, 2010, Hyde Park, Illinois, United States Books An Introduction to Bayesi, Bayesian analysis in economet, Statistics - Econometrics and Fore, Basic issues in econometrics, Statistics Econometrics and Fore Similar People Sanford J Grossman, Gary Becker, Milton Friedman | ||
Arnold zellner bayesian methods in practice
Arnold Zellner (January 2, 1927 – August 11, 2010) was an American economist and statistician specializing in the fields of Bayesian probability and econometrics. Zellner contributed pioneering work in the field of Bayesian analysis and econometric modeling.
Contents
- Arnold zellner bayesian methods in practice
- Arnold zellner bayesian method of moments and its applications
- References
In Bayesian analysis, Zellner not only provided many applications of it but also a new information-theoretic derivation of rules that are 100% efficient information processing rules — this class includes Bayes's theorem. In econometric modeling, he, in association with Franz Palm, developed the structural time-series approach for constructing new models and for checking the adequacy of old models. In addition, he was involved in many important applied econometric and statistical studies.
Born in Brooklyn, New York, to Ukrainian immigrant parents, Zellner earned his A.B. in physics from Harvard University in 1949 and his Ph.D. in economics from the University of California, Berkeley, under supervision of George Kuznets, in 1957. He holds honorary degrees from the Autonomous University of Madrid in Spain, the Universidade Técnica de Lisboa in Portugal, the University of Kiel in Germany, and the Erasmus School of Economics at Erasmus University Rotterdam in the Netherlands.
He was H.G.B. Alexander Distinguished Service Professor Emeritus of Economics and Statistics at the Graduate School of Business of the University of Chicago. He was the founder of the International Society for Bayesian Analysis and also served as President of the American Statistical Association in 1991.
He died on August 11, 2010, in his home in Hyde Park, Chicago.