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Some results on the stochastic simulation of a nonlinear model of the Italian economy

Bianchi, Carlo and Calzolari, Giorgio and Corsi, Paolo (1979): Some results on the stochastic simulation of a nonlinear model of the Italian economy. Published in: Models and Decision Making in National Economies No. ed. by J. M. L. Janssen, L. F. Pau, and A. Straszak. Amsterdam: North-Holland (1979): pp. 411-418.

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Abstract

Experiments of stochastic simulation on a nonlinear macroeconometric model are described in this paper. The results are used both for improving the validation of a model of the Italian economy and for revisiting the heuristic value of the stochastic simulation methodology.

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