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examined using microscopic agent-based simulation. Using a developed traffic simulation model of a freeway with an on … studied. The previously proposed traffic simulation model is extended and validated. By embedding CACC vehicles in different … simulation experiments followed by a quantitative statistical analysis. Simulation enables researchers manipulating the system …
Persistent link: https://www.econbiz.de/10011938991
There has been an extensive discussion on the applicability of Poisson Pseudo Maximum Likelihood (PPML) to trade. Here, we are going to analyse again the performance of PPML but in the light of a bimodal distribution; in addition, we also explicitly account for excess zeros. Simulations are...
Persistent link: https://www.econbiz.de/10010308285
economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an …
Persistent link: https://www.econbiz.de/10010315509
We analyse the effectiveness of fiscal policy rules for business cycle stabilisation in a monetary union using a quarterly macro-econometric model of Germany. The simulations compare a deficit target and an expenditure target under a range of supply, demand and fiscal shocks. Their effects are...
Persistent link: https://www.econbiz.de/10010260720
The paper takes advantage of exceptionally rich longitudinal data on the universe of labor force participants in Slovenia and simulates the working of an income contingent loan scheme to partly recover tuition costs. The simulations show that under the base variant (where the target cost...
Persistent link: https://www.econbiz.de/10010261999
. Based on these probability functions a simulation model is developed to quantify the risk of bad debt losses. Based on an …
Persistent link: https://www.econbiz.de/10010263484
Seit Jahresbeginn 2006 steht der US-Dollar unter Abwertungsdruck. Dadurchverändert sich die internationale Wettbewerbsfähigkeit von Ländern und Unternehmen. Dieser Beitrag zeigt kurz verschiedene betriebliche Währungsrisiken auf und geht dann auf langfristig relevante ökonomische...
Persistent link: https://www.econbiz.de/10010266113
-use change into the future and for policy simulation. Finally, we use the model to examine the impact of common land conservation …
Persistent link: https://www.econbiz.de/10010269978
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
Persistent link: https://www.econbiz.de/10010271244
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10010275775