Simulation-Based Econometric Methods

by Monfort Gourieroux, Christian Gourieroux, Alain Monfort

This book introduces a new generation of statistical econometrics. 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 by the presence of integrals of large dimensions in the probability density...

• Format: Hardcover
• Language: English
• ISBN: 0198774753
• ISBN13: 9780198774754
• Release Date: April 1997
• Publisher: Oxford University Press, USA
• Length: 184 Pages
• Weight: 1.05 lbs.
• Dimensions: 0.7" x 6.1" x 9.4"