Monte Carlo simulation of macroeconomic risk with a continuum of agents: the general case

DOI10.1007/s00199-007-0279-7zbMath1148.91033OpenAlexW2166447026MaRDI QIDQ929356

Yeneng Sun, Peter J. Hammond

Publication date: 17 June 2008

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://wrap.warwick.ac.uk/1409/1/WRAP_Hammond_twerp_803.pdf

zbMATH Keywords

Conditional independenceEvent-wise measurable conditional probabilitiesExchangeabilityLarge economyMonte Carlo convergenceStochastic macro structure

Mathematics Subject Classification ID

Stochastic models in economics (91B70)

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