This paper provides researchers with an objective list of checks to consider when planning a replication study with the objective of validating findings for informing policy. These replication studies should begin with a pure replication of the published results and then reanalyse the original...

Nowadays, grace of computing possibilities that electronic computers offer and namely, big memory volume and computing speed, there is the improving of modeling methods, an important role having complex system modeling using simulation techniques. These o

This paper presents an overview of some general concepts and techniques of an adequacy estimation of simulation models of the banking business processes. A proposal on specific requirements for computer simulation models to banking activity re-engineering and optimization is formulated.

This paper examines methods aimed at improving baseline economic forecasts using a dynamic CGE model. Forecasting can be used to test the validity of such models, as well as to highlight possible improvements, by investigating the discrepancies between the forecast and actual outcomes. The model...

Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach...