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, economists avoid - even positively abhor - reliance on simulation. We disagree with the mildly qualified affirmative answer given … descriptions, definitions and analysis. These are pointed out, and corrected; for, if not, the issues they raise may be submerged …
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set up in pre-determined locations following the passage of a storm. Simulation results reveal that modest disruptions to …
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local analysis that linearizes the model around the steady state. However, what is true of the linearized system only …
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local analysis that linearizes the model around the steady state. However, what is true of the linearized system only …
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the macroeconomist’s toolkit. This literature review stresses recently developed techniques for computation and inference …
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