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Quasi Monte Carlo methods for macroeconometric simulation

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Author Info
Jenny X. Li and Peter Winker

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Abstract

We continue our research into the Quasi Monte Carlo simulation method and its application in macroeconometrics. Prior research indicated Quasi Monte Carlo simulation to be superior to traditional Monte Carlo methods. Now we address additional important issues including the robustness of the numerical algorithm to the problem dimension, comparisons among different types of Quasi Monte Carlo methods, and an analysis of performance improvements.

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Publisher Info
Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2001 with number 199.

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Date of creation: 01 Apr 2001
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Handle: RePEc:sce:scecf1:199

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Related research
Keywords: Quasi Monte Carlo;

Find related papers by JEL classification:
C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General

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This page was last updated on 2009-12-9.


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