economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an …

For simple problems (only) in stochastic storage, analytic solutions are available,and although simulation is available … simulation.... …

methods, among them the burn analysis, index value simulation anddaily simulation. For that purpose we develop a daily …In diesem Beitrag wird eine Niederschlagsoption unter Anwendung der Burn-Analysis, derIndex-Value-Simulation und der … Daily-Simulation bewertet. Dazu wird auf der Grundlageempirischer Wetterdaten aus Deutschland (Niederschlagsmengen aus …

hedging strategies by a nonlinear version of the Black-Scholes PDE. The core of the paper consists of a simulation study. We …

general enough to apply to impulse responses estimated by VARs, local projections, and simulation methods. We show that our …

part of the paper presents some simulation studies of the evolution of prices, output, employment and wage structures …

Micro simulation involves modeling the behavior of individuals and other decision units taking into account the effects … entire distribution of target variables. Micro simulation models have thus, for instance, been used to analyze how changes in … the income taxes influence the tails of the income distribution (the incidence of poverty). <p> Micro simulation …

importance of both choice of forecast or simulation horizon and choice between minimizing point or distribution based loss … measures. Our empirical analysis centers around the implementation of a series of simulation and prediction experiments, as … in setting U.S. monetary policy, and our simulation experiments are based on a comparison of simulated and historical …