The Econometric Analysis of Microscopic Simulation Models

Youwei Li and Bas Donkers

No 195, Computing in Economics and Finance 2004 from Society for Computational Economics

Abstract: This paper studies how to compare different microscopic simulation (MS) models and how to compare a MS model with real world. The parameters of interest are classified and characterized, various econometric methods are applied for the comparison. We illustrate the methodolgy on testing of the equality of parameters, such as mean, autocorrelation coefficient, for both the case of comparing two different MS models and of comparing a MS model with real world

Keywords: MS models; econometrics (search for similar items in EconPapers)
JEL-codes: C12 G12 (search for similar items in EconPapers)
Date: 2004-08-11
New Economics Papers: this item is included in nep-cmp and nep-ecm
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Citations: View citations in EconPapers (1)

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http://repec.org/sce2004/up.24328.1077884185.pdf (application/pdf)

Related works:
Journal Article: Econometric analysis of microscopic simulation models (2010)
Working Paper: The Econometric Analysis of Microscopic Simulation Models (2006)
Working Paper: The Econometric Analysis of Microscopic Simulation Models (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:sce:scecf4:195

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