Picture offshore wind farm

Open Access: World leading research into plasma physics...

Strathprints makes available scholarly Open Access content by researchers in the Department of Physics, including those researching plasma physics.

Plasma physics explores the '4th' state of matter known as 'plasma'. Profound new insights are being made by Strathclyde researchers in their attempts to better understand plasma, its behaviour and applications. Areas of focus include plasma wave propagation, non-linear wave interactions in the ionosphere, magnetospheric cyclotron instabilities, the parametric instabilities in plasmas, and much more.

Based on the REF 2014 GPA Scores, Times Higher Education ranked Strathclyde as number one in the UK for physics research.

Explore Open Access plasma physics research and of the Department of Physics more generally. Or explore all of Strathclyde's Open Access research...

Bayesian inference in models based on equilibrium search theory

Koop, G.M. (2001) Bayesian inference in models based on equilibrium search theory. Journal of Econometrics, 102. pp. 311-338. ISSN 0304-4076

Full text not available in this repository. Request a copy from the Strathclyde author


The equilibrium search model represents a substantial advance over previous models of job search, but its empirical performance fails in some crucial ways. Hence, flexible extensions are called for. In this paper, we consider three such extensions in areas where Bayesian methods can be used to great advantage. These are: (i) a specification where Bayesian priors are used to center a model over the restrictions implied by economic theory; (ii) a model involving a nonlinear production function where a closed form expression for the likelihood function does not exist; and (iii) a model which allows for unobserved heterogeneity. We show how posterior simulation methods can be used for empirical analysis for all three models. The paper includes an empirical exercise involving the school-to-work transitions of Canadian and US school leavers.