• Title of article

    Should stochastic or non-stochastic exogenous variables be used in Monte Carlo experiments?

  • Author/Authors

    Edgerton، نويسنده , , David L. ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    7
  • From page
    153
  • To page
    159
  • Abstract
    Most Monte Carlo studies of test properties use the same values of the exogenous variables in all replications. We show that a considerable improvement in precision can be obtained by drawing separate samples at each replication.
  • Keywords
    Monte Carlo simulation , Test properties
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434209