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Issue Brief: A Guide to the Use of Stochastic Models in Analyzing Social Security (PDF)
American Academy of Actuaries 
Oct. 25, 2005 12 pages. Excerpt: This guide provides an overview of what deterministic modeling, sensitivity analysis, and stochastic modeling mean, and how these methods are applied to the problem of evaluating the financial status of Social Security. It also discusses some of the benefits of sensitivity analysis and stochastic modeling, as well as some of their limitations. MORE >> |
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