Simulation-based estimation
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TL;DR
This paper presents a number of leading examples in the empirical literature that use simulation-based estimation methods, and describes the model, why simulation is needed, and how to simulate the relevant object.
Abstract
In this paper, I present a number of leading examples in the empirical literature that use simulation-based estimation methods. For each example, I describe the model, why simulation is needed, and how to simulate the relevant object. There is a section on simulation methods and another on simulations-based estimation methods. The paper concludes by considering the significance of each of the examples discussed a commenting on potential future areas of interest.
