Abstract
Within the framework of part II (sections 2, 3, and 4), this section outlines the methodical basis for this treatise. In subsection 2.1, the approach and core elements of the underlying model are summarized. In subsection 2.2, the strategy used for conducting comparative simulation exercises is discussed. Finally, subsection 2.3 sets out to justify the strategy of constructing counterfactuals in an ex post analysis based on historical data.
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© 2000 Springer-Verlag Berlin Heidelberg
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Bohn, F. (2000). Simulation Framework. In: Monetary Union and Fiscal Stability. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57639-3_2
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DOI: https://doi.org/10.1007/978-3-642-57639-3_2
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-1266-4
Online ISBN: 978-3-642-57639-3
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