optimization of the lag structure over the whole set of possible multivariate lag structures with regard to a given information … criterion, e.g. the Hannan-Quinn estimator or Akaike's final prediction error criterion. The optimization is performed by the … heuristic multiple purpose optimization algorithm Threshold Accepting which proved to be very successful for discrete …

simulation of this behaviour and the resulting interaction of individuals provide a description of aggregate financial market … financial market time series. The goal of this paper is twofold. First, we compare simulation results of agent based models with …

optimization of the lag structure over the whole set of possible multivariate lag structures with regard to a given information … criterion, e.g. the Hannan-Quinn estimator or Akaike's final prediction error criterion. The optimization is performed by the … heuristic multiple purpose optimization algorithm Threshold Accepting which proved to be very successful for discrete …

optimization of the lag structure over the whole set of possible multivariate lag structures with regard to a given information … criterion, e.g. the Hannan-Quinn estimator or Akaike's final prediction error criterion. The optimization is performed by the … heuristic multiple purpose optimization algorithm Threshold Accepting which proved to be very successful for discrete …

This paper proposes validation using simulation based indirect estimation. It uses typical characteristic moments of … financial market data to assess the similarity of simulation outcomes. …

Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations … possible margin. Because of nonlinearities confidence intervals for the simulation results have to be obtained by means of … stochastic simulations. The main contribution of this paper consists in presenting the simulation results. The robustness of …

allows the conclusion to be drawn that notwithstanding the non-linearities and dynamic features the Simulation properties of …

. Extending the model until 1995 a Simulation experiment concerning this inflow is carried out, too. The upshot of the econometric …

Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations … possible margin. Because of nonlinearities confidence intervals for the simulation results have to be obtained by means of … stochastic simulations. The main contribution of this paper consists in presenting the simulation results. The robustness of …