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Showing 1 to 20 of 26 for “"Monte Carlo Experiments"”.

  1. Monte Carlo Experiments on Maximum entropy Constructive Ensembles for Time Series Analysis and Inference

    In econometric analysis, the traditional bootstrap and related methods often require the assumption of stationarity. This assumption says that the distribution function of the process remains unchanged when shifted in time by an arbitrary value, imposing perfect time-homogeneity. In terms of the …

    vt Repository record for Monte Carlo Experiments on Maximum entropy Constructive Ensembles for Time Series Analysis and Inference (opens in a new tab)

  2. Monte Carlo Examination of Static and Dynamic Student t Regression Models

    … operational form is then examined in a series of Monte Carlo experiments. The model is judged based on its usefulness for estimation and testing and its ability to model the heteroskedastic conditional variance. It is also compared with the traditional Normal Linear Regression Model. Subsequently …

    vt Repository record for Monte Carlo Examination of Static and Dynamic Student t Regression Models (opens in a new tab)

  3. Portmanteau Tests For Univariate And Multivariate Time Series Models

    … drift, ADF drift, DF trend and ADF trend tests. Monte Carlo experiments were undertaken using the R program for various values of parameters and different lengths of data, with each simulation repeated 10,000 times. The simulation studies show that the length of time series data affects the …

    southwales Repository record for Portmanteau Tests For Univariate And Multivariate Time Series Models (opens in a new tab)

  4. Fiscal Competition Among Jurisdictions: Evidence and Methodology

    … distributed as chi-squared random variables. Monte Carlo Experiments indicate that, in small samples, the LM and LR tests have good power, but considerable empirical size distortions, while the Wald has good empirical size and power.

    uiuc Repository record for Fiscal Competition Among Jurisdictions: Evidence and Methodology (opens in a new tab)

  5. Selection of pure error generators for simulation experiments

    … have demonstrated the absence of pure error in experiments in which all random number streams are used to induce correlations. Mihram argues that a pure error component can be maintained by selecting the seeds for at least one random component randomly and non-repetitively for all design points …

    vt Repository record for Selection of pure error generators for simulation experiments (opens in a new tab)

  6. Open Economics: Inflation, Exchange Rate Contagion and Economic *Growth

    … upon the definition of political interactions. Monte Carlo experiments are conducted on test statistics and estimation procedures specific to spatial probit models. Since these have only recently been purposed, small sample properties were not yet well studied and understood.

    uiuc Repository record for Open Economics: Inflation, Exchange Rate Contagion and Economic *Growth (opens in a new tab)

  7. Monitoring Parameter Change in Autocorrelated Logistic Regression

    … The objective of this thesis is (a) to use Monte Carlo experiments to evaluate the average stopping times, probability of false alarm, and power of the proposed procedure; (b) to illustrate the usefulness of the method by using an IBM stock transactions data as well as data on rainfall.

    windsor Repository record for Monitoring Parameter Change in Autocorrelated Logistic Regression (opens in a new tab)

  8. Local polynomial chaos expansion method for high dimensional stochastic differential equations

    … by PC expansion compared to sampling-based Monte Carlo experiments, but still suffered from relatively high simulation cost when facing high dimensional random inputs. We propose a localized polynomial chaos expansion method that employs a domain decomposition technique to approximate the …

    purdue-thes Repository record for Local polynomial chaos expansion method for high dimensional stochastic differential equations (opens in a new tab)

  9. Addressing endogeneity in residential location models

    … location choice framework, using a set of Monte Carlo experiments. The results showed that the control-function method (Petrin and Train, 2004) is the most promising one to address endogeneity in this framework because it is the best to handle individual level endogeneity and it is …

    mit Repository record for Addressing endogeneity in residential location models (opens in a new tab)

  10. Endogeneity and Sampling of Alternatives in Spatial Choice Models

    … models with more realistic error structures. Monte Carlo experiments and real data from Lisbon, Portugal, are employed to illustrate the significant benefits of these novel methods in correcting for endogeneity and addressing sampling of alternatives in non-Logit models, with specific …

    mit Repository record for Endogeneity and Sampling of Alternatives in Spatial Choice Models (opens in a new tab)

  11. The Econometrics of Piecewise Linear Budget Constraints With Skewed Error Distributons: An Application To Housing Demand In The Presence Of Capital Gains Taxation

    … such effects into account. Results based on Monte Carlo experiments indicate that failing to allow for skewness in the demand for housing leads to biased estimates of the elasticities of demand when such skewness is actually present. In addition, estimates based on American Housing Survey …

    vt Repository record for The Econometrics of Piecewise Linear Budget Constraints With Skewed Error Distributons: An Application To Housing Demand In The Presence Of Capital Gains Taxation (opens in a new tab)

  12. Three essays in econometrics

    … both at fixed and across all frequencies. Monte Carlo experiments and an empirical example illustrate the advantages of quantile spectral analysis over classical methods when standard assumptions are violated. In the second essay, “Stochastic Equicontinuity in Nonlinear Time Series Models,” …

    uiuc Repository record for Three essays in econometrics (opens in a new tab)

  13. Three essays in econometrics

    … while preserving good discriminatory power. Monte Carlo experiments are also conducted to demonstrate size improvement using our method. The second essay provides an improved inference for predictive quantile regressions with persistent predictors and conditionally heteroskedastic errors. …

    uiuc Repository record for Three essays in econometrics (opens in a new tab)

  14. Essays on Quantitative Risk Management

    … portfolio returns and a set of out-of-sample Monte Carlo experiments, our novel portfolio strategy is confronted with the de facto mean-variance approach. The results suggest that the MV approach produces suboptimal portfolios or a less desirable risk-return tradeoff.

    city-london Repository record for Essays on Quantitative Risk Management (opens in a new tab)

  15. Three essays on social dynamics and land-use change: framework, model and estimator

    … the model presented in the second essay. Using Monte Carlo experiments, the sensitivity of results to varying degrees of spatial dependences, choice of spatial weight matrix, sample size and variance covariance matrices is analyzed. These Monte Carlo simulations provide confidence in the results …

    uiuc Repository record for Three essays on social dynamics and land-use change: framework, model and estimator (opens in a new tab)

  16. Essays on the Bayesian inequality restricted estimation

    … estimation has gained ground after Markov Chain Monte Carlo process made it possible to sample from exact posterior distributions. This research aims at contributing to the ongoing debate about the relative virtues of the Frequentist and Bayesian theories by concentrating on the qualitative …

    lsu-thes Repository record for Essays on the Bayesian inequality restricted estimation (opens in a new tab)

  17. Essays on Econometric Models of Relative Prices

    … The importance of this issue is illustrated with Monte Carlo experiments based on estimating ?commodity points? in a law of one price framework. The fourth chapter combines approaches focusing on the role of distance and market heterogeneity to study what factors contribute to spatial violations …

    cornell Repository record for Essays on Econometric Models of Relative Prices (opens in a new tab)

  18. A needs-based approach to activity generation for travel demand analysis/

    … diary data is proposed and validated using Monte-Carlo experiments. The model is empirically estimated using standard travel diary data from the Denver metropolitan area. Estimation results indicate the potential of the needs-based approach to enrich the specification of activity generation …

    mit Repository record for A needs-based approach to activity generation for travel demand analysis/ (opens in a new tab)

  19. DISCRETE CHOICE UNDER SPATIAL DEPENDENCE AND A MODEL OF INTERDEPENDENT PATENT RENEWALS

    … is computational intensity. Chapter 3 is a Monte Carlo study that investigates the small sample properties of an estimator for spatially dependent discrete choice models which is computationally simple. The analogue of a linear probability can be formulated as a spatial autoregressive Cliff …

    maryland Repository record for DISCRETE CHOICE UNDER SPATIAL DEPENDENCE AND A MODEL OF INTERDEPENDENT PATENT RENEWALS (opens in a new tab)

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