investigating pairwise convergence of output for $n$ countries, $n(n-1)/2$ tests are performed. We propose to control the false … convergence of per capita output using a time series definition with the necessary condition of no unit root in the log per …

makers would benefit if they would be given probabilities as well as values, and the methodology of stochastic simulation … Romanian Market Economy Model. In our paper we present the advantages of applying stochastic simulation on macromodels of …

This paper examines the performance of prediction intervals based on bootstrap for threshold autoregressive models. We … consider four bootstrap methods to account for the variability of estimates, correct the small-sample bias of autoregressive … coefficients and allow for heterogeneous errors. Simulation shows that (1) accounting for the sampling variability of estimated …

cohesion policy. The interest is to estimate the process of the spatial expression of the convergence and the regional growth … in the EU. The spatial statistics and the platform of simulation Geocells will allow to analyze the evolution of the GDP …

treated in the compilation of a house price index. An empirical bootstrap study, based on advertised co-operative flats in …

cannot be considered as reliable measures. The DEA Bootstrap addresses this limitation of the DEA method as it provides the … efficiency scores with stochastic properties. However, the DEA Bootstrap is still inappropriate in the presence of small samples …. In this context, we introduce a new method that draws on random data generation procedures, unlike Bootstrap which is …

an adverse impact on the efficiency level of state-owned banks. The bootstrap approach demonstrates that the majority of …

This paper utilizes the bootstrap to construct tests using the measures for goodness-of-fit for nonnested regression … models. The bootstrap enables us to compute the statistical significance of the differences in the measures and to formally … test on nonnested regression models. The bootstrap tests that this paper proposes are expected to show better finite sample …