## The Econometric Approach to Efficiency Analysis

*William H. Greene*

### in The Measurement of Productive Efficiency and Productivity Change

- Published in print:
- 2008
- Published Online:
- January 2008
- ISBN:
- 9780195183528
- eISBN:
- 9780199870288
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195183528.003.0002
- Subject:
- Economics and Finance, Econometrics

This chapter provides an overview of techniques for econometric analysis of technical (production) and economic (cost) efficiency. The stochastic frontier model of Aigner, Lovell, and Schmidt (1977) ... More

## Computational Methods for the Study of Dynamic Economies

*Ramon Marimon and Andrew Scott (eds)*

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- book

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.001.0001
- Subject:
- Economics and Finance, Macro- and Monetary Economics

Macroeconomics increasingly uses stochastic dynamic general equilibrium models to understand theoretical and policy issues. Unless very strong assumptions are made, understanding the properties of ... More

## The ABMS Paradigm

*Michael J. North and Charles M. Macal*

### in Managing Business Complexity: Discovering Strategic Solutions with Agent-Based Modeling and Simulation

- Published in print:
- 2007
- Published Online:
- September 2007
- ISBN:
- 9780195172119
- eISBN:
- 9780199789894
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195172119.003.0002
- Subject:
- Business and Management, Strategy

This chapter discusses foundational issues in modeling, such as the differences between deterministic and stochastic models as well as the strategic, tactical, and operational model guidance ... More

## Stochastic Modeling and Analysis

*Richard M. Murray*

### in Biomolecular Feedback Systems

- Published in print:
- 2014
- Published Online:
- October 2017
- ISBN:
- 9780691161532
- eISBN:
- 9781400850501
- Item type:
- chapter

- Publisher:
- Princeton University Press
- DOI:
- 10.23943/princeton/9780691161532.003.0004
- Subject:
- Biology, Biochemistry / Molecular Biology

This chapter explores stochastic behavior in biomolecular systems. It does so by first building on the preliminary discussion of stochastic modeling laid out in Chapter 2. The chapter reviews methods ... More

## Introduction

*Anthony Garratt, Kevin Lee, M. Hashem Pesaran, and Yongcheol Shin*

### in Global and National Macroeconometric Modelling: A Long-Run Structural Approach

- Published in print:
- 2006
- Published Online:
- September 2006
- ISBN:
- 9780199296859
- eISBN:
- 9780191603853
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199296855.003.0001
- Subject:
- Economics and Finance, Econometrics

This chapter introduces the long-run structural approach to modelling. It makes brief comparisons with the key alternative approaches, namely large-scale simultaneous equation models, unrestricted ... More

## Reforming the German Civil Servant Pension Plan

*Raimond Maurer, Olivia S. Mitchell, and Ralph Rogalla*

### in The Future of Public Employee Retirement Systems

- Published in print:
- 2009
- Published Online:
- February 2010
- ISBN:
- 9780199573349
- eISBN:
- 9780191721946
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199573349.003.0009
- Subject:
- Business and Management, Public Management, Pensions and Pension Management

This chapter analyzes the risks and rewards of moving from an unfunded defined benefit pension system to a funded plan for civil servants in Germany, allowing for alternative portfolio mixes using a ... More

## Applications to Financial Series

*Christian Gouriéroux and Alain Monfort*

### in Simulation-based Econometric Methods

- Published in print:
- 1997
- Published Online:
- November 2003
- ISBN:
- 9780198774754
- eISBN:
- 9780191596339
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198774753.003.0006
- Subject:
- Economics and Finance, Econometrics

Applications to estimation of Stochastic Differential Equations, Stochastic Volatility Models, and Factor Models are considered. The methods used are Indirect Inference, Simulated Moments (based on ... More

## A Toolkit for Analysing Nonlinear Dynamic Stochastic Models Easily

*Harald Uhlig*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0003
- Subject:
- Economics and Finance, Macro- and Monetary Economics

An extensive treatment is provided of methods that use log‐linear approximations to solve nonlinear dynamic discrete‐time stochastic models. These methods, based on their linear counterparts, have ... More

## The Parameterized Expectations Approach: Some Practical Issues

*Albert Marcet and Guido Lorenzoni*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0007
- Subject:
- Economics and Finance, Macro- and Monetary Economics

Some practical issues are discussed that relate to the use of the parameterized expectations approach (PEA) for solving nonlinear stochastic dynamic models with rational expectations. This approach ... More

## Optimal Fiscal Policy in a Linear Stochastic Economy

*Thomas J. Sargent and François R. Velde*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0009
- Subject:
- Economics and Finance, Macro- and Monetary Economics

The Lucas and Stokey (1983) economy without capital is used to exhibit features of the Lucas and Stokey model of optimal taxation, and show how they compare with Barro's (1979) tax‐smoothing model. ... More

## Short‐Term Analysis of Macroeconomic Time Series

*Agustín Maravall*

### in Economics Beyond the Millennium

- Published in print:
- 1999
- Published Online:
- November 2003
- ISBN:
- 9780198292111
- eISBN:
- 9780191596537
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198292112.003.0015
- Subject:
- Economics and Finance, Macro- and Monetary Economics, Microeconomics

Agustin Maravall provides an account of the statistical methodology used in analysing the present situation and predicting the short‐term future. The analysis of the present consists of removing ... More

## Biomolecular Feedback Systems

*Domitilla Del Vecchio and Richard M. Murray*

- Published in print:
- 2014
- Published Online:
- October 2017
- ISBN:
- 9780691161532
- eISBN:
- 9781400850501
- Item type:
- book

- Publisher:
- Princeton University Press
- DOI:
- 10.23943/princeton/9780691161532.001.0001
- Subject:
- Biology, Biochemistry / Molecular Biology

This book provides an accessible introduction to the principles and tools for modeling, analyzing, and synthesizing biomolecular systems. It begins with modeling tools such as reaction-rate ... More

## A Theory of Approximation for Stochastic Biochemical Processes

*David Thorsley and Eric Klavins*

### in Control Theory and Systems Biology

- Published in print:
- 2009
- Published Online:
- August 2013
- ISBN:
- 9780262013345
- eISBN:
- 9780262258906
- Item type:
- chapter

- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262013345.003.0012
- Subject:
- Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies

This chapter analyzes stochastic models, demonstrating a powerful technique for model comparison and model calibration. The method uses the mathematical construct known as the Wasserstein ... More

## Spatial Smoothing, Interactions and Geoadditive Regression

*Ludwig Fahrmeir and Thomas Kneib*

### in Bayesian Smoothing and Regression for Longitudinal, Spatial and Event History Data

- Published in print:
- 2011
- Published Online:
- September 2011
- ISBN:
- 9780199533022
- eISBN:
- 9780191728501
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199533022.003.0005
- Subject:
- Mathematics, Probability / Statistics, Biostatistics

This chapter provides an introduction to Bayesian spatial smoothing as a subject of interest in its own right, it points out the close relation between modelling interactions and spatial effects, and ... More

## Application of Weighted Residual Methods to Dynamic Economic Models

*Ellen R. McGrattan*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0006
- Subject:
- Economics and Finance, Macro- and Monetary Economics

Many problems in economics require the solution to a functional equation as an intermediate step, and typically, decision functions are sought that satisfy a set of Euler conditions or a value ... More

## Discrete State‐Space Methods for the Study of Dynamic Economies

*Craig Burnside*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0005
- Subject:
- Economics and Finance, Macro- and Monetary Economics

A number of numerical methods are discussed for solving dynamic stochastic general equilibrium models that fall within the common category of discrete state‐space methods. These methods can be ... More

## Population ecology

*Otso Ovaskainen, Henrik Johan de Knegt, and Maria del Mar Delgado*

### in Quantitative Ecology and Evolutionary Biology: Integrating models with data

- Published in print:
- 2016
- Published Online:
- August 2016
- ISBN:
- 9780198714866
- eISBN:
- 9780191783210
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198714866.003.0003
- Subject:
- Biology, Ecology, Biomathematics / Statistics and Data Analysis / Complexity Studies

This chapter introduces mathematical and statistical modelling approaches in population ecology. It starts with a conceptual section, continues with mathematical and statistical sections, and ends ... More

## Stochastic modeling: The impact of chance

*Odo Diekmann, Hans Heesterbeek, and Tom Britton*

### in Mathematical Tools for Understanding Infectious Disease Dynamics

- Published in print:
- 2012
- Published Online:
- October 2017
- ISBN:
- 9780691155395
- eISBN:
- 9781400845620
- Item type:
- chapter

- Publisher:
- Princeton University Press
- DOI:
- 10.23943/princeton/9780691155395.003.0003
- Subject:
- Biology, Disease Ecology / Epidemiology

This chapter defines a stochastic counterpart to the homogeneous deterministic epidemic model introduced in Chapter 1. The model considers a homogeneous community of individuals that mix uniformly, ... More

## Finite‐Difference Methods for Continuous‐Time Dynamic Programming

*Graham V. Candler*

### in Computational Methods for the Study of Dynamic Economies

- Published in print:
- 2001
- Published Online:
- November 2003
- ISBN:
- 9780199248278
- eISBN:
- 9780191596605
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199248273.003.0008
- Subject:
- Economics and Finance, Macro- and Monetary Economics

Introduces some of the methods and underlying ideas behind computational fluid dynamics—in particular, the use is discussed of finite‐difference methods for the simulation of dynamic economies. A ... More

## Testing parameter constancy

*Timo Teräsvirta, Dag Tjøstheim, and W. J. Granger*

### in Modelling Nonlinear Economic Time Series

- Published in print:
- 2010
- Published Online:
- May 2011
- ISBN:
- 9780199587148
- eISBN:
- 9780191595387
- Item type:
- chapter

- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199587148.003.0006
- Subject:
- Economics and Finance, Econometrics

This chapter begins by a introducing the well known Chow test of a single structural break in a linear model. The more general case in which the break‐point is assumed unknown is discussed next. This ... More