Simulation research derives new methods for the design, analysis, and optimization of simulation experiments. Research on stochastic models develops and analyzes models of systems with random behavior ...

This paper documents the specification of a model that was constructed to assess debt sustainability in emerging market economies. Key features of the model include external and fiscal sectors, which ...

Daily flow data for the Usk River in Wales was simulated using a nonparametric bootstrap procedure that captures autocorrelation called k-nearest neighbor (k-NN) (Lall and Sharma, 1996). The objective ...

We use supervised machine learning to approximate the expectations typically contained in the optimality conditions of an economic model in the spirit of the parameterized expectations algorithm (PEA) ...