Carlo simulation procedure to examine the suitability of the ML estimators. In order to verify the applicability of the …

We discuss methods for calculating multivariate normal probabilities by simulation and two new Stata programs for this … used for maximum simulated likelihood estimation. -- simulation estimation ; maximum simulated likelihood ; multivariate …

duration of the debt-crisis, with Monte Carlo simulation. We utilize historical data from banks and enterprises within the debt …-crisis to define crisis-variability and crisis-average values of input parameters of the simulation. We introduce the concept of …