Simulation-based Inference in Econometrics Methods and Applications [Paperback]

An overview of the techniques and practices involved in simulation-based inference.Simulation-based inference (SBI) is the fastest growing area of research in modern econometrics. The techniques of SBI are widespread amongst scholars and researchers, and have become a staple part of undergraduate and postgraduate research programmes. In this volume, Mariano, Schuermann, Weeks and their contributors provide an overview of the applications and techniques at the cutting edge of the subject as well as providing a comprehensive survey of the existing literature. The contributions include important new essays by many of the most successful scholars currently working within econometrics.Simulation-based inference (SBI) is the fastest growing area of research in modern econometrics. The techniques of SBI are widespread amongst scholars and researchers, and have become a staple part of undergraduate and postgraduate research programmes. In this volume, Mariano, Schuermann, Weeks and their contributors provide an overview of the applications and techniques at the cutting edge of the subject as well as providing a comprehensive survey of the existing literature. The contributions include important new essays by many of the most successful scholars currently working within econometrics.Simulation-based inference (SBI) is the fastest growing area of research in modern econometrics. The techniques of SBI are widespread among scholars and researchers, and have become a staple part of undergraduate and postgraduate research programs. In this volume, Mariano, Schuermann, Weeks and their contributors provide an overview of the applications and techniques at the cutting edge of the subject, as well as a comprehensive survey of the existing literature. The contributions include important new essays by many of the leading figures currently working in econometrics.Part I. Simulation-Based Inference in Econometrics, Methods and Applications: Introduction Melvyn Weeks; 1. Simulation-based lƒ*