Monte Carlo Simulation of Macroeconomic Risk with a Continuum Agents : The General Case
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References listed on IDEAS
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- Hammond, Peter J. & Sun, Yeneng, 2007. "Characterization of Risk : A Sharp Law of Large Numbers," The Warwick Economics Research Paper Series (TWERPS) 806, University of Warwick, Department of Economics.
More about this item
Keywordslarge economy ; event-wise measurable conditional probabilities ; ex-changeability ; conditional independence ; Monte Carlo convergence ; Monte Carlo-algebra ; stochastic macro structure;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-07 (All new papers)
- NEP-CMP-2007-07-07 (Computational Economics)
- NEP-MAC-2007-07-07 (Macroeconomics)
- NEP-SEA-2007-07-07 (South East Asia)
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