Statistical Inference in Micro Simulation Models: Incorporationg External Information.

In practical applications of micro simulation models very little is usually known about the properties of the simulated values. This paper argues that we need to apply the same rigourous standards for inference in micro simulation work as in scientific worl generally. If not, then micro simulation models will loose in credibility.

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Year of publication:	1998
Authors:	Klevmarken, N.A.
Institutions:	Nationalekonomiska Institutionen, Uppsala Universitet
Subject:	ECONOMIC MODELS \| SIMULATION

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Series:	Uppsala - Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	C51 - Model Construction and Estimation ; C52 - Model Evaluation and Testing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005638536