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I use a dynamic microsimulation model to analyse the distributional effects of an expansion of education in Côte d'Ivoire in the medium and long term. The simulations are performed in order to replicate several policies in force or subject to debate in this country. Various hypotheses...
Persistent link: https://www.econbiz.de/10005076938
Microsimulation models to study the fiscal impact and the development of micro-founded indicators on enterprise performance require a great deal of information. This is normally scattered in various statistical surveys and administrative sources. Each different data source is conceived to serve...
Persistent link: https://www.econbiz.de/10005125877
This paper builds on Kočenda (2001) and extends it in two ways. First, two new intervals of the proximity parameter ε (over which the correlation integral is calculated) are specified. For these ε- ranges new critical values for various lengths of the data sets are introduced and through...
Persistent link: https://www.econbiz.de/10005407903
finite set of shorter-term options and use Monte Carlo simulation to determine the hedging error thereby introduced. We … simulation results indicate that the two types of hedging strategies exhibit comparable performance in the classic Black …
Persistent link: https://www.econbiz.de/10005413226
Monte Carlo simulation. Summarizing, our results show that during the post-Bretton-Woods period of flexible exchange rates …
Persistent link: https://www.econbiz.de/10005062609
statistics is analysed both analytically and by simulation methods. Moreover, Haavelmo's famous example for the presence of some …
Persistent link: https://www.econbiz.de/10005556305
variable. Simulation results suggest that the new nonparametric estimators perform better than the parametric counterparts. We …
Persistent link: https://www.econbiz.de/10005119099
This paper investigates the properties of Dickey-Fuller tests for seasonally unadjusted quarterly data when deterministic seasonality is present but it is neglected in the test regression. While for the random walk case the answer is straightforward, an extensive Monte Carlo study has to be...
Persistent link: https://www.econbiz.de/10005119125
of a distribution obtained by simulation. A method for testing hypotheses on the quantiles of a theoretical distribution …
Persistent link: https://www.econbiz.de/10005119142
The conditions under which ordinary least squares (OLS) is an unbiased and consistent estimator of the linear probability model (LPM) are unlikely to hold in many instances. Yet the LPM still may be the correct model or, perhaps, justified for practical reasons. A sequential least squares (SLS)...
Persistent link: https://www.econbiz.de/10005119162