Showing 1 - 10 of 22
parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage …
Persistent link: https://www.econbiz.de/10003725962
We discuss methods for calculating multivariate normal probabilities by simulation and two new Stata programs for this …
Persistent link: https://www.econbiz.de/10003327207
general conditions. The underlying theoretical concepts are illustrated by means of a simulation study. It is emphasised that …
Persistent link: https://www.econbiz.de/10003327220
approximately the same estimation results. The advantage of simulation over Gauss Hermite quadrature is a marked reduction in … quadrature points, thus the computational advantage of Halton based simulation vanishes in our example with one and two …
Persistent link: https://www.econbiz.de/10003304448
-cooperative way. -- Crude oil ; market structure ; cartel ; pool market ; simulation model …
Persistent link: https://www.econbiz.de/10003821875
2015 and 2050. The simulation is based on assumptions concerning wealth trends in the regions affected by the storms …
Persistent link: https://www.econbiz.de/10003872897
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10003975635
minimum wage in Germany. We disentangle various factors that explain the variation in previous simulation results. Based on … may lead to substantial differences in simulation outcomes. -- Minimum wage ; wage distribution ; employment effects …
Persistent link: https://www.econbiz.de/10003858715
We conduct detailed analysis of the Polish Household Budget Survey data for the years 2006-2011 with the focus on its representativeness from the point of view of microsimulation analysis. We find important discrepancies between the data weighted with baseline grossing-up weights and official...
Persistent link: https://www.econbiz.de/10010259535
simulation model. The influence on economic growth is very low; employment is growing slightly, while energy consumption and CO2 …
Persistent link: https://www.econbiz.de/10011434131