통합자연과학논문집 (Journal of Integrative Natural Science)
- 제1권2호
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- Pages.127-132
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- 2008
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- 2005-1042(pISSN)
Use of Markov Chain Monte Carlo in Estimating the Economy Model
- Lee, Seung Moon (Department of Economics, Rutgers University)
- 투고 : 2008.08.14
- 심사 : 2008.09.10
- 발행 : 2008.09.30
초록
This project follows the heterogeneous agent market segmented model of Landon-Lane and Occhino (2007) with using Korean data, M1 and GDP deflator from 1882:I to 2007:II. This paper estimates parameters with Monte Carlo Markov Chain. The fraction of traders,