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Simulation-Based Estimation

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Author Info
Steven Stern

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Abstract

In this paper, I present a number of leading examples in the empirical literature that use simulation-based estimation methods. For each example, I describe the model, why simulation is needed, and how to simulate the relevant object. There is a section on simulation methods and another on simulations-based estimation methods. The paper concludes by considering the significance of each of the examples discussed a commenting on potential future areas of interest.

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 35 (1997)
Issue (Month): 4 (December)
Pages: 2006-2039
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Handle: RePEc:aea:jeclit:v:35:y:1997:i:4:p:2006-2039

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  4. Maarten Lindeboom & Marcel Kerkhofs, 2004. "Subjective Health Measures, Reporting Errors and Endogeneity in the Relationship Between Health and Work," CEIS Research Paper 46, Tor Vergata University, CEIS. [Downloadable!]
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  6. Maarten Lindeboom & Marcel Kerkhofs, 2002. "Health and Work of the Elderly," Tinbergen Institute Discussion Papers 02-025/3, Tinbergen Institute. [Downloadable!]
  7. Bond, Craig & Thilmany, Dawn & Bond, Jennifer Keeling, 2007. "What to Choose? The Value of Label Claims to Produce Consumers," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 9704, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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