Equilibrium Models in an Applied Framework

Equilibrium Models in an Applied Framework

Author: Ronny Norén

Publisher: Springer Science & Business Media

Published: 2013-02-26

Total Pages: 148

ISBN-13: 3642349943

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This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. It contains an accessible analytical survey of economic equilibrium models, including multi-sector programming models (linear and quadratic) and the computable general equilibrium (CGE) model. The book introduces the importance of disinvestment, and hence, a model of economic transformation is developed. Finally, the globalisation process of the production system is examined. The equilibrium models in this book are presented in an easy way. Although the book is primarily written for advanced undergraduates and beginning graduates, the reading of the book will appeal to anyone interested in economic theory and applied modelling in the field of economics.


Applying General Equilibrium

Applying General Equilibrium

Author: John B. Shoven

Publisher: Cambridge University Press

Published: 1992-05-29

Total Pages: 316

ISBN-13: 9780521319867

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The central idea underlying this work is to convert the Walrasian general equilibrium structure (formalized in the 1950s by Kenneth Arrow, Gerard Debreu and others) from an abstract representation of an economy into realistic models of actual economies.


Handbook of Computable General Equilibrium Modeling

Handbook of Computable General Equilibrium Modeling

Author: Peter B. Dixon

Publisher: Newnes

Published: 2013-11-14

Total Pages: 1143

ISBN-13: 0444536353

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In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. - Presents coherent summaries of CGE theories that inform major model types - Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results - Shows how CGE modeling has made a contribution to economic policy


The Lingen Equilibrium Model

The Lingen Equilibrium Model

Author: Hermann Witte

Publisher: LIT Verlag

Published: 2021-01-11

Total Pages: 360

ISBN-13: 3643964722

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Equilibria protect against crisis. All disciplines of sciences have the objective to create equilibria. But economics are not successful in this point. Here a simple equilibrium model based on a wage-price-rule is demonstrated. Economics are able to create economic equilibria by using this rule. But in economic systems there are a lot of rules, especially in accounting, which make economic equilibria impossible. These rules must be changed. If it is possible to create economic equilibria, the side-effect is the realization of economic sustainability. Dr. Hermann Witte, Professor of Business Administration, Logistics and Environmental Economics, University of Applied Sciences Osnabruck, Campus Lingen, Institute of Management and Technology.


Frontiers in Applied General Equilibrium Modeling

Frontiers in Applied General Equilibrium Modeling

Author: Timothy J. Kehoe

Publisher: Cambridge University Press

Published: 2005-01-17

Total Pages: 452

ISBN-13: 1139443720

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This 2005 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 developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern 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 distinct approaches, conceptual issues and computational algorithms, such as calibration and 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.


Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners

Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners

Author: Gene H Chang

Publisher: World Scientific

Published: 2022-02-18

Total Pages: 443

ISBN-13: 9811238995

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This book adopts a typical textbook approach and format for CGE beginners to learn and master the subject. It explains the economics theory behind the CGE models. The learning proceeds step by step from basic economic theories to advanced topics, from simple to more comprehensive CGE structures along with the corresponding computer programs. Each chapter reviews relevant economic theories; illustrates new material with examples, diagrams and exercises; and provides the mathematical models along with the GAMS computer programing codes. At the end of a chapter, exercises are assigned for practice and enhancing understanding.


Sustainability in the Twenty-First Century

Sustainability in the Twenty-First Century

Author: Mohan Munasinghe

Publisher: Cambridge University Press

Published: 2019-05-23

Total Pages: 689

ISBN-13: 1108404154

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Provides a rigorous analysis of sustainable development that includes practical, policy-relevant, global case studies, explained concisely and clearly.