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Most finance textbooks talk about the benefits of conducting sensitivity and/or Monte Carlo simulation analyses in … comes to simulation analysis, which typically requires the use of a third-party add-in or a significant level of programming … implement sensitivity and simulation analyses. This approach requires only minor modifications to the base-case model; without …
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We present a stochastic simulation forecasting model for stress testing aimed at assessing banks' capital adequacy …
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We assess the finite sample performance of simulation estimators that are used to estimate the parameters of dynamic …
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