convergence and accuracy properties of the simulated moments. We study both optimal and non-optimal economies. Optimal economies …

approximating functions (Smolyak, stochastic simulation, and ε -distinguishable set grids), accurate low-cost monomial integration … condition methods that reduce the cost and increase accuracy of value function iteration. Third, we show precomputation … techniques that increase the accuracy of perturbation methods: a change of variables and a hybrid of local and global solutions …

We study the strong consistency and asymptotic normality of the maximum likelihood estimator for a class of time series … processes. We formulate primitive conditions for global identification, invertibility, strong consistency, and asymptotic …