Simulation-based econometric methods /

Simulation-Based Econometric Methods introduces a new generation of econometric methods in the classical domain. After linear models leading to analytical expressions for estimators and non-linear models using numerical optimization algorithms, the availability of high-speed computing has enabled ec...

Full description

Bibliographic Details
Main Authors: Gourieroux, Christian, 1949-, Monfort, Alain, 1943- (Author)
Format: eBook
Language:English
Published: Oxford ; New York : Oxford Univ. Press, ©1996.
Series:CORE lectures.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Simulation-Based Econometric Methods introduces a new generation of econometric methods in the classical domain. After linear models leading to analytical expressions for estimators and non-linear models using numerical optimization algorithms, the availability of high-speed computing has enabled econometricians to consider econometric models without simple analytical expressions. The previous difficulties presented, for instance, by the presence of integrals of large dimensions in the probability density functions or in the moments can be circumvented by a simulation-based approach.
Physical Description:1 online resource (x, 174 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9780198774754
0198774753
9780191596339
0191596337
1281978396
9781281978394