The economics and statistics literature using computer simulation based methods has grown enormously over the past … traditional methods are solved using computer simulation integrated with classical methods. Instead of assuming that everyone … to the volume discuss alternative simulation methods that permit faster and more accurate inference, as well as …

the underlying statistical distributions, a variety of analyticalmethods and simulation-based methods are available. Aside … orhistorical and Monte Carlo simulation methods. Although these approaches to overall VaR estimation have receivedsubstantial … and incremental VaR in either a non-normal analytical setting or a MonteCarlo / historical simulation context.This paper …