This article describes a scalable way to initialise a simulation model with correlated random numbers. The focus is on the nontrivial issue of creating predefined multidimensional correlations amongst those numbers. A multi-agent model serves as a basis for practical demonstrations in this...

This is a review of Norman Matloff's book "The Art of R Programming".

En este documento continuamos en la discusión del VaR (Value at Risk) como medida de riesgo de mercado de los activos financieros. Ilustramos de manera práctica y detallada la estimación del VaR empleando la estimación de la varianza abandonando el supuesto de volatilidad constante....

Labour Market Area is a territory in which high rate of people both live and work. It does not need to be consistent with area restricted by administrative boarders. It seems rather obvious that administrative boarders are not always a proper criterion in making certain decisions. The government...

Este documento discute de manera breve el concepto de VaR (Value at Risk) y ES (Expected Shortfall) para introducir el uso del software estadístico gratuito R y el paquete VaR. Se ilustra paso a paso la estimación del VaR empleando la simulación histórica, un método paramétrico que supone...