general equilibrium models
Essays in applied public economics using computable general equilibrium models
... Applied general equilibrium models have been developed to analyse different issues within water management (see Dixon, 1990; Berck et al., 1991; Seung et al., 2000; Diao et al., 2008). Diao and Roe ...
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Production, Distribution, and Trade: General Equilibrium Models with One Single Cobb Douglas Parameter
... simple general equilibrium models of resource allocation, factor income distribution, and trade among nations that are technologically iden- tical, but different in ...
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Essays in Estimation of Dynamic Stochastic General Equilibrium Models
... Factor Models”: In addition to a data- rich DSGE model with a standard New Keynesian core, we consider an unrestricted dynamic factor model and estimate both on a rich panel of ...
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Solving Applied General Equilibrium Models Represented as a Mixture of Linearized and Levels Equation
... By comparison with the older version of TABLO which required users to present nonlinear equations in linearized form, relatively little experience has so far accumulated with the use of the new levels facility with large ...
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Regional disaster impact analysis: comparing input–output and computable general equilibrium models
... CGE models (Thissen, 2004). Second, IO models are often praised for their simplicity and ability to explicitly reflect the eco- nomic interdependencies between sectors and regions for de- riving ...
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Forward Looking and Myopic Regional Computable General Equilibrium Models. How Significant is the Distinction?
... Given that in national bargaining (NB), workers cannot bargain for higher real wages, the rise in employment and the reduction in the unemployment rate occur more rapidly than for the regional bargaining and fixed real ...
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Forward looking versus myopic regional computable general equilibrium models : how significant is the distinction?
... CGE models is that described in Abel and Blanchard ...balance equilibrium is maintained through adjustment of either foreign borrowing, the interest rate, or by means of fiscal policy that, in turn, affects ...
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Credit limits and heterogeneity in general equilibrium models with a finite number of agents
... growth equilibrium to study the role of collateral constraint in determining ...stochastic general equilibrium with a representative household and heterogeneous firms facing a borrow- ing constraint ...
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Computing Solutions for Large General Equilibrium Models Using GEMPACK
... applied general equilibrium modelling, these were carried out with pencil and paper for models such as ORANI; such calculations were very time consuming and somewhat error ...
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Arbitrage and equilibrium in economies with externalities
... their models consumption sets are compact, arbitrage considerations do not play a critical ...a general equilibrium framework with unbounded short sales comes primarily from the theory of financial ...
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Vol 9, No 4 (2018)
... macroeconomic equilibrium and it consider various sectors such as households and individuals with different capital abilities incomes, and roles in society, various fields, and mix social ...dynamic models ...
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The Determination of the Equilibrium Exchange Rates Based on a General Equilibrium Model
... into general equilibrium models, and there is no money in those basic general equilibrium models such as the Arrow– Debreu model [1-3] ...of equilibrium exchange rate on ...
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Rational expectations in urban economics
... expectations equilibrium in Section ...expectations equilibrium, provided that perturbations are spatially ...expectations equilibrium is ...standard general equilibrium models, ...
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Value Balance and General Equilibrium Model
... these general equilibrium models use econometric techniques for equilibrium conditions that is not conducted the value balance between firm profit and customer utility, the first order ...
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Robust Permanent Income in General Equilibrium
... To fully explore how RB affects the dynamics of consumption and labor income, we adopt the calibration procedure outlined in HSW (2002) and AHS (2003) to calibrate the value of the RB pa- rameter ( ϑ ) that governs the ...
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Factor Markets in General Computable Equilibrium Models Factor Markets Working Document No 47, May 2013
... The policy scenarios are implemented in the MAGNET model, a multi-regional, recursive- dynamic, applied general equilibrium model based on neo-classical microeconomic theory (Nowicki et al. 2009, van Meijl ...
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Matching Models of Equilibrium Unemployment: An Overview
... unemployment. This phenomenon, described ever since the first empirical studies carried out with the Beveridge Curve (Dow and Dicks-Mireaux, 1958; Holt and David, 1966), is captured by the basic matching model. More ...
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Keynes, investment, unemployment and expectations
... the general scheme and passively reacted to developments in goods and capital ...full-employment equilibrium, Keynes simply threw out that market and put the problem in the goods market; it was deficient ...
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Analyzing Poverty Impact of Trade Liberalization Policies in CGE Models: Theory and Some Policy Experiments in Agricultural and Non agricultural Sectors in South Asia
... the general macroeconomic policy issues arising out of program lending and their relevance to the poverty reduction strategy in the “post-Washington consensus” policy ...CGE models for an analysis of trade ...
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Trade Facilitation—Measurement Difficulties in the Computable General Equilibrium Model: A Review
... Computable General Equilibrium (CGE) models, in the context of techniques adopted to estimate Trade Trans- action Costs ...CGE models vary in terms of the approach selected for TTC ...CGE ...
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