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- W816262020 abstract "This paper studies the use of Monte Carlo simulation techniques in the field of econometrics, specifically statistical inference. First, I examine several estimators by deriving properties explicitly and generate their distributions through simulations. Here, simulations are used to illustrate and support the analytical results. Then, I look at test statistics where derivations are costly because of the sensitivity of their critical values to the data generating processes. Simulations here establish significance and necessity for drawing statistical inference. Overall, the paper examines when and how simulations are needed in studying econometric theories." @default.
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- W816262020 date "2015-01-01" @default.
- W816262020 modified "2023-09-27" @default.
- W816262020 title "Applications of Monte Carlo Methods in Statistical Inference Using Regression Analysis" @default.
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