Frontiers in applied general equilibrium modeling : in honor of Herbert Scarf
Equilibrium (Economics) e-böcker
Cambridge University Press
2005
EISBN 9780511109386
Cover; Half-Title; Title; Copyright; Contents; Contributors; Acknowledgments; Introduction; ORIGINS OF APPLIED GENERAL EQUILIBRIUM MODELING; CONTRIBUTIONS IN THIS VOLUME; KEY ISSUES IN APPLIED GENERAL EQUILIBRIUM MODELING; ON TO NUMERICAL SIMULATION; REFERENCES; 1 Personal Reflections on Applied General Equilibrium Models; 2 Uniqueness of Equilibrium in the Multicountry Ricardo Model; 3 Solving Dynamic Stochastic Competitive General Equilibrium Models; 4 Mathematical Programs with Equilibrium Constraints: Automatic Reformulation and Solution via Constrained Optimization.
This volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with new developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some newer topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of new approaches, conceptual issues and computational algorithms, such as calibration and new areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.
This volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with new developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some newer topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of new approaches, conceptual issues and computational algorithms, such as calibration and new areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.
