Follow us
Publications Commentary Research People Events News Resources and Videos About IFS
Home Publications Mostly Harmless Simulations? On the Internal Validity of Empirical Monte Carlo Studies

Mostly Harmless Simulations? On the Internal Validity of Empirical Monte Carlo Studies

Presentation

This presentation was delivered at the 16th ZEW Summer Workshop for Young Economists: Advances in Microeconometrics and Programme Evaluation.

Find out more

Cemmap Working Paper CWP64/13
In this paper we evaluate the premise from the recent literature on Monte Carlo studies that an empirically motivated simulation exercise is informative about the actual ranking of various estimators when applied to a particular problem.