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functions as well as a method of simulated moments estimation of a panel data model of earnings dynamics. Five of the algorithms …
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functions as well as a method of simulated moments estimation of a panel data model of earnings dynamics. Five of the algorithms …
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This paper presents the construction of a particle filter, which incorporates elements inspired by genetic algorithms, in order to achieve accelerated adaptation of the estimated posterior distribution to changes in model parameters. Specifically, the filter is designed for the situation where...
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