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The nested-simulation is commonly used for calculating the predictive distribution of the total variable annuity (VA …) liabilities of large VA portfolios. Due to the large numbers of policies, inner-loops and outer-loops, running the nested-simulation … models is incorporated into the nested-simulation algorithm so that the relationship between the inputs and the outputs of a …
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simulation set considers scaled-up government actions with the aim of fully achieving the 2015 international MDG targets with … designed a second simulation set that is focused on the remaining period up to 2015, and on what may be feasible once the …
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Agent-based modeling tools commonly trade off usability against power and vice versa. On the one hand, full development environments like NetLogo feature a shallow learning curve, but have a relatively limited proprietary language. Others written in Python or Matlab, for example, have the...
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(EMC), pointed to the complexity and high cost of full-scale tests on the EMC. We propose an alternative - a computer … simulation. However, to move from field tests to computer simulations, it is necessary to solve some important problems: a method …
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The paper presents a new calibration for CORTAX (short for CORporate TAXation), which is a computable general equilibrium (CGE) model covering all EU member states, the US, Japan and a tax haven. The CORTAX model was originally built by the Centraal Planbureau (CPB) in the Netherlands based on...
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