The Pagan-Shannon Approximation: Unconditional Systematic Sensitivity in Minutes
This paper applies a simple approximation procedure to the calculation of systematic sensitivity results for a well-known computable general equilibrium model. The approximation (based on Pagan and Shannon (1985)) is found to be very accurate and requires little computing time.
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Volume (Year): 16 (1991)
Issue (Month): 1 ()
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