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Reproducible Econometric Simulations
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
 
ID 1173510
Author(s) Kleiber, Christian; Zeileis, Achim
Author(s) at UniBasel Kleiber, Christian
Year 2013
Title Reproducible Econometric Simulations
Journal Journal of econometric methods
Volume 2
Number 1
Pages / Article-Number 89-99
Keywords computational experiment, reproducibility, simulation, software
Abstract Reproducibility of economic research has attracted considerable attention in recent years. So far, the discussion has focused mainly on reproducibility of empirical analyses. This paper addresses a further aspect of reproducibility, the reproducibility of computational experiments. More specifically, we contribute to the emerging literature on reproducibility in economics along three lines: (i) we document how simulations of various types are an integral part of publications in modern econometrics, (ii) we provide some general guidelines about how to set up reproducible simulation experiments, and, finally, (iii) we provide a case study from time series econometrics that illustrates the main issues arising in connection with reproducibility, emphasizing the use of modular tools. Reproducibility of economic research has attracted considerable attention in  recent years. So far, the discussion has focused mainly on reproducibility of  empirical analyses. This paper addresses a further aspect of reproducibility, the reproducibility of computational experiments. More specifically, we contribute to the emerging literature on reproducibility in economics along three lines: (i) we document how simulations of various types are an integral part of publications in modern econometrics, (ii) we provide some general guidelines about how to set up reproducible simulation experiments, and, finally, (iii) we provide a case study from time series econometrics that illustrates the main issues arising in connection with reproducibility, emphasizing the use of modular tools.
Publisher De Gruyter
ISSN/ISBN 2156-6674
URL https://www.degruyter.com/dg/viewarticle/j$002fjem.2013.2.issue-1$002fjem-2012-0004$002fjem-2012-0004.xml
edoc-URL http://edoc.unibas.ch/dok/A6164850
Full Text on edoc Available
Digital Object Identifier DOI 10.1515/jem-2012-0004
 
   

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