The paper presents an econometric estimation for the Aghion and Blanchard (1994) model of the speed of transition for the case of Romania. All the econometric estimations were done by means of three stochastic optimization algorithms (RGS, RSGBOOT and SA), after preliminary Monte Carlo...

A lower bound on the total error in an accounting population is required, in conjunction with the point estimate of the total error amount and the upper bound, when adjusting an account to determine the amount of the adjustment. This paper extends the multinomial methodology for obtaining an...