Global CNC Market valued at USD 67B, driven by automation, precision engineering, and CNC adoption in automotive, aerospace, and electronics industries. Dominated by U.S., Germany, Japan due to R&D ...

Florian Heiss, Sequential Numerical Integration in Nonlinear State Space Models for Microeconometric Panel Data, Journal of Applied Econometrics, Vol. 23, No. 3 (Apr., 2008), pp. 373-389 ...

We propose a new concept which allows us to apply any numerical method of weak approximation to a very broad class of stochastic differential equations (SDEs) with nonglobally Lipschitz coefficients.