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Simulation methods are now widely used in econometrics. The range of uses covers both the estimation of parameters in … and the use of models. In this paper we discuss how simulation methods can be used to investigate some issues that have …
Persistent link: https://www.econbiz.de/10010748959
with the nature of time series. The study adopted a simulation approach in conjunction with an experimental design. It is …
Persistent link: https://www.econbiz.de/10005358651
Persistent link: https://www.econbiz.de/10008575561
Persistent link: https://www.econbiz.de/10010908033
Due to Germany’s specific farm structure, the progressive modulation of direct payments decided within the Health Check of the Common Agricultural Policy (CAP) is of particular relevance for German agriculture. In this paper we apply the agent-based model AgriPoliS to shed some light on the...
Persistent link: https://www.econbiz.de/10011142855
Population aging challenges pay-as-you-go pension systems. Solving the associated funding problem constantly motivates reform processes. In addition to an aging population, specific regulations of the German public pension system lead to an increasing financial burden of national finances. To...
Persistent link: https://www.econbiz.de/10010892214
When the behaviour of a specific hypothesis test statistic is studied by a Monte Carlo experiment, the usual way to describe its quality is by giving the empirical level of the test. As an alternative to this procedure, we use the empirical distribution of the obtained \emph{p-}values and...
Persistent link: https://www.econbiz.de/10005827484
spatial pattern. In this contribution, a simulation based on a monocentric city model with two or more different household …
Persistent link: https://www.econbiz.de/10005827682
economic press analysis) and decision process (e.g: through the Game theory point of view). Economic simulation teaches by …Economic simulation - as economic pattern simulation use - which is already a useful tool of searchers and managers …, would be a tool of economic teacher. When teacher want explain economic theories, he can't do experiment, hence simulation …
Persistent link: https://www.econbiz.de/10005835626
The purpose of this paper is, through a system of software, to analyze some theoretical aggregate models. We suggest to build a disaggregated model to compare its results with these of the aggregated one. The disaggregated model uses an analogical mechanism of the individual behaviors so that a...
Persistent link: https://www.econbiz.de/10005835670