Bianchi, Carlo and Calzolari, Giorgio and Corsi, Paolo (1976): Divergences in the results of stochastic and deterministic simulation of an Italian non linear econometric model. Published in: Simulation of Systems (1976): pp. 653-661.
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Abstract
The importance of the simulation (both deterministic and stochastic) in the validation process of a non linear econometric model is underlined. Synthetic results of a large set of simulations on a non linear model of the Italian economy are presented. The benefits and the risks of the stochastic simulation are discussed, with particular emphasis on the problem of the existence of divergences in the results of the two methods of simulation.
Item Type: | MPRA Paper |
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Original Title: | Divergences in the results of stochastic and deterministic simulation of an Italian non linear econometric model |
Language: | English |
Keywords: | Stochastic simulation; nonlinear econometric model; divergences of results; model of the Italian economy |
Subjects: | C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C15 - Statistical Simulation Methods: General C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C30 - General |
Item ID: | 21287 |
Depositing User: | Giorgio Calzolari |
Date Deposited: | 11 Mar 2010 10:12 |
Last Modified: | 27 Sep 2019 16:34 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/21287 |