Simulation-based Estimation of Dynamic Models with Continuous Equilibrium Solutions PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Simulation-based Estimation of Dynamic Models with Continuous Equilibrium Solutions PDF full book. Access full book title Simulation-based Estimation of Dynamic Models with Continuous Equilibrium Solutions by . Download full books in PDF and EPUB format.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Roberto Mariano
Publisher: Cambridge University Press
ISBN: 9780521591126
Category : Business & Economics
Languages : en
Pages : 488
Get Book Here
Book Description
This substantial volume has two principal objectives. First it provides an overview of the statistical foundations of Simulation-based inference. This includes the summary and synthesis of the many concepts and results extant in the theoretical literature, the different classes of problems and estimators, the asymptotic properties of these estimators, as well as descriptions of the different simulators in use. Second, the volume provides empirical and operational examples of SBI methods. Often what is missing, even in existing applied papers, are operational issues. Which simulator works best for which problem and why? This volume will explicitly address the important numerical and computational issues in SBI which are not covered comprehensively in the existing literature. Examples of such issues are: comparisons with existing tractable methods, number of replications needed for robust results, choice of instruments, simulation noise and bias as well as efficiency loss in practice.
Author: Harold Klee
Publisher: CRC Press
ISBN: 1498787789
Category : Mathematics
Languages : en
Pages : 852
Get Book Here
Book Description
Continuous-system simulation is an increasingly important tool for optimizing the performance of real-world systems. The book presents an integrated treatment of continuous simulation with all the background and essential prerequisites in one setting. It features updated chapters and two new sections on Black Swan and the Stochastic Information Packet (SIP) and Stochastic Library Units with Relationships Preserved (SLURP) Standard. The new edition includes basic concepts, mathematical tools, and the common principles of various simulation models for different phenomena, as well as an abundance of case studies, real-world examples, homework problems, and equations to develop a practical understanding of concepts.
Author: Harold Klee
Publisher: CRC Press
ISBN: 1439884781
Category : Technology & Engineering
Languages : en
Pages : 1195
Get Book Here
Book Description
" a seminal text covering the simulation design and analysis of a broad variety of systems using two of the most modern software packages available today. particularly adept [at] enabling students new to the field to gain a thorough understanding of the basics of continuous simulation in a single semester, and [also provides] a more advanced tre
Author: John L. Crassidis
Publisher: CRC Press
ISBN: 1135439273
Category : Mathematics
Languages : en
Pages : 606
Get Book Here
Book Description
Most newcomers to the field of linear stochastic estimation go through a difficult process in understanding and applying the theory.This book minimizes the process while introducing the fundamentals of optimal estimation. Optimal Estimation of Dynamic Systems explores topics that are important in the field of control where the signals received are used to determine highly sensitive processes such as the flight path of a plane, the orbit of a space vehicle, or the control of a machine. The authors use dynamic models from mechanical and aerospace engineering to provide immediate results of estimation concepts with a minimal reliance on mathematical skills. The book documents the development of the central concepts and methods of optimal estimation theory in a manner accessible to engineering students, applied mathematicians, and practicing engineers. It includes rigorous theoretial derivations and a significant amount of qualitiative discussion and judgements. It also presents prototype algorithms, giving detail and discussion to stimulate development of efficient computer programs and intelligent use of them. This book illustrates the application of optimal estimation methods to problems with varying degrees of analytical and numercial difficulty. It compares various approaches to help develop a feel for the absolute and relative utility of different methods, and provides many applications in the fields of aerospace, mechanical, and electrical engineering.
Author: Stephen P. Ellner
Publisher: Princeton University Press
ISBN: 1400840961
Category : Science
Languages : en
Pages : 352
Get Book Here
Book Description
From controlling disease outbreaks to predicting heart attacks, dynamic models are increasingly crucial for understanding biological processes. Many universities are starting undergraduate programs in computational biology to introduce students to this rapidly growing field. In Dynamic Models in Biology, the first text on dynamic models specifically written for undergraduate students in the biological sciences, ecologist Stephen Ellner and mathematician John Guckenheimer teach students how to understand, build, and use dynamic models in biology. Developed from a course taught by Ellner and Guckenheimer at Cornell University, the book is organized around biological applications, with mathematics and computing developed through case studies at the molecular, cellular, and population levels. The authors cover both simple analytic models--the sort usually found in mathematical biology texts--and the complex computational models now used by both biologists and mathematicians. Linked to a Web site with computer-lab materials and exercises, Dynamic Models in Biology is a major new introduction to dynamic models for students in the biological sciences, mathematics, and engineering.
Author: Marco Bee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
Get Book Here
Book Description
In this book the authors present a reassessment of some recently proposed econometric methods for the analysis of continuous-time specifications of economic models. Given the vastness of this stream of the literature, that does not allow for a full exposition of the topic, the authors concentrate on the estimation and simulation analysis of a continuous-time econometric model based on a theoretical framework -- the SETI model -- developed in Padoan (1996). The application is almost completely instrumental to a more thorough analysis of methodological issues entailed with continuous-time econometrics. Nevertheless, it presents some interesting theoretical aspects such as the process of diffusion of ICT and the role of services in international diffusion of technology. The standard methods are not suitable for theoretical models in which disequilibrium analysis is necessary and, in general, presents a clear limitation when the structural multi-equation form of the model should be preserved. Thus the authors show how, by means of continuous-time econometric, it is possible to estimate the parameters of the model using the Full Information Maximum Likelihood techniques in a time series set-up. Then, the authors extend the econometric analysis in order to evaluate the out-of-equilibrium dynamic properties of a system via simulation techniques. The declared aim of the present work is to define the conditions to the equilibrium and to discuss its stability properties. Furthermore, the application provides the guidelines for the formulation and empirical validation of a model considering growth-driven-by-technology phenomena, interactions between countries through trade effects, and the diffusion of technology. Finally, spatial aspects of the problem are explicitly taken into account.
Author: Burkhard Heer
Publisher: Springer Nature
ISBN: 3031516818
Category : Economic development
Languages : en
Pages : 943
Get Book Here
Book Description
Contemporary macroeconomics is built upon microeconomic principles, with its most recent advance featuring dynamic stochastic general equilibrium models. The textbook by Heer and Maußner acquaints readers with the essential computational techniques required to tackle these models and employ them for quantitative analysis. This third edition maintains the structure of the second, dividing the content into three separate parts dedicated to representative agent models, heterogeneous agent models, and numerical methods. At the same time, every chapter has been revised and two entirely new chapters have been added. The updated content reflects the latest advances in both numerical methods and their applications in macroeconomics, spanning areas like business-cycle analysis, economic growth theory, distributional economics, monetary and fiscal policy. The two new chapters delve into advanced techniques, including higher-order perturbation, weighted residual methods, and solutions to high-dimensional nonlinear problems. In addition, the authors present further insights from macroeconomic theory, complemented by practical applications like the Smolyak algorithm, Gorman aggregation, rare disaster models and dynamic Laffer curves. Lastly, the new edition places special emphasis on practical implementation across various programming languages; accordingly, its accompanying web page offers examples of computer code for languages such as MATLAB®, GAUSS, Fortran, Julia and Python. "This book does not only an excellent job in explaining the existing tools, but it also teaches the reader on how to write his/her own programs and it provides the reader with the tools to help advance the state of the art of dynamic macroeconomics." Wouter J. Den Haan, London School of Economics ”... provides the reader with exactly the necessary computational tools to solve the dynamic general equilibrium models macroeconomists care about. It is therefore the perfect complement to Stokey, Lucas and Prescott's and Sargent and Ljungqvist's theoretical treatment of modern macroeconomics." Dirk Krueger, University of Pennsylvania.
Author: Peter W. Sauer
Publisher: John Wiley & Sons
ISBN: 1119355796
Category : Technology & Engineering
Languages : en
Pages : 376
Get Book Here
Book Description
Classic power system dynamics text now with phasor measurement and simulation toolbox This new edition addresses the needs of dynamic modeling and simulation relevant to power system planning, design, and operation, including a systematic derivation of synchronous machine dynamic models together with speed and voltage control subsystems. Reduced-order modeling based on integral manifolds is used as a firm basis for understanding the derivations and limitations of lower-order dynamic models. Following these developments, multi-machine model interconnected through the transmission network is formulated and simulated using numerical simulation methods. Energy function methods are discussed for direct evaluation of stability. Small-signal analysis is used for determining the electromechanical modes and mode-shapes, and for power system stabilizer design. Time-synchronized high-sampling-rate phasor measurement units (PMUs) to monitor power system disturbances have been implemented throughout North America and many other countries. In this second edition, new chapters on synchrophasor measurement and using the Power System Toolbox for dynamic simulation have been added. These new materials will reinforce power system dynamic aspects treated more analytically in the earlier chapters. Key features: Systematic derivation of synchronous machine dynamic models and simplification. Energy function methods with an emphasis on the potential energy boundary surface and the controlling unstable equilibrium point approaches. Phasor computation and synchrophasor data applications. Book companion website for instructors featuring solutions and PowerPoint files. Website for students featuring MATLABTM files. Power System Dynamics and Stability, 2nd Edition, with Synchrophasor Measurement and Power System Toolbox combines theoretical as well as practical information for use as a text for formal instruction or for reference by working engineers.
Author: Ronald K. Pearson
Publisher: Oxford University Press
ISBN: 0195352815
Category : Mathematics
Languages : en
Pages : 481
Get Book Here
Book Description
Fueled by advances in computer technology, model-based approaches to the control of industrial processes are now widespread. While there is an enormous literature on modeling, the difficult first step of selecting an appropriate model structure has received almost no attention. This book fills the gap, providing practical insight into model selection for chemical processes and emphasizing structures suitable for control system design.
