This program is a Monte Carlo simulation of reduced form sign patterns based upon structural sign patterns specified by the user. The basic purpose of the program is to determine if a proposed reduced form sign pattern could possibly be generated by the proposed structural sign patterns. The application was compiled in Visual Studio 6 to run under the Windows operating system. This software was used in support of the work reported on in: - Lady, George and Andrew Buck (2011). "Structural Models, Information and Inherited Restrictions", Economic Modelling, 28, pp. 2820-2831.. - Buck, Andrew and George Lady (2012)."Structural Sign Patterns and Reduced Form Restrictions", Economic Modelling, 29, pp. 462-470. For more details, please read the following document.
Working Paper (2018)
Müller Gernot and Hettig Thomas