2 papers
stat.ME2025
Rational Expectations in Empirical Bayes
Valentino Dardanoni, Stefano Demichelis
We propose a principled framework for nonparametric empirical Bayes (EB) estimation, based on the idea that the prior should be consistent with the observed posterior and that Baye…
econ.GN2024
Inter-firm Heterogeneity in Production
Michele Battisti, Valentino Dardanoni, Stefano Demichelis
This paper studies inter-firm heterogeneity in production. Unlike much of the existing research, which primarily addresses heterogeneous production through unobserved fixed effects…