Notes and Problems in Applied General Equilibrium Economics

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Publisher : Elsevier
ISBN 13 : 008093403X
Total Pages : 408 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Notes and Problems in Applied General Equilibrium Economics by : K.R. Pearson

Download or read book Notes and Problems in Applied General Equilibrium Economics written by K.R. Pearson and published by Elsevier. This book was released on 2014-06-28 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "General-equilibrium" refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors, governments, importers and exporters). "Applied" means that the primary interest is in systems that can be used to provide quantitative analysis of economic policy problems in particular countries. Reflecting the authors' belief in the models as vehicles for practical policy analysis, a considerable amount of material on data and solution techniques as well as on theoretical structures has been included. The sequence of chapters follows what is seen as the historical development of the subject. The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.

Notes and Problems in Applied General Equilibrium Economics

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Author :
Publisher : Elsevier Science & Technology
ISBN 13 : 9780444893796
Total Pages : 392 pages
Book Rating : 4.8/5 (937 download)

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Book Synopsis Notes and Problems in Applied General Equilibrium Economics by : Peter B. Dixon

Download or read book Notes and Problems in Applied General Equilibrium Economics written by Peter B. Dixon and published by Elsevier Science & Technology. This book was released on 1992 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: "General-equilibrium" refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors, governments, importers and exporters). "Applied" means that the primary interest is in systems that can be used to provide quantitative analysis of economic policy problems in particular countries. Reflecting the authors' belief in the models as vehicles for practical policy analysis, a considerable amount of material on data and solution techniques as well as on theoretical structures has been included. The sequence of chapters follows what is seen as the historical development of the subject.The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.

Applied General Equilibrium

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Publisher : Springer Science & Business Media
ISBN 13 : 3642247466
Total Pages : 126 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Applied General Equilibrium by : Manuel Alejandro Cardenete

Download or read book Applied General Equilibrium written by Manuel Alejandro Cardenete and published by Springer Science & Business Media. This book was released on 2012-01-05 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This advanced textbook aims at providing a simple but fully operational introduction to applied general equilibrium. General equilibrium is the backbone of modern economic analysis and as such generation after generation of economics students are introduced to it. As an analytical tool in economics, general equilibrium provides one of the most complete views of an economy since it incorporates all economic agents (households, firms, government, foreign sector) in an integrated way that is compatible with microtheory and microdata. The integration of theory and data handling is required for successful modeling but it requires a double ability that is not found in standard books. With this book we aim at filling the gap and provide advanced students with the required tools, from the building of consistent and applicable general equilibrium models to the interpretation of the results that ensue from the adoption of policies. The topics include: model design, model development, computer code examples, calibration and data adjustments, practical policy examples.

Mathematical Economics & Applied General Equilibrium Modelling

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Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Mathematical Economics & Applied General Equilibrium Modelling by : Edward Tower

Download or read book Mathematical Economics & Applied General Equilibrium Modelling written by Edward Tower and published by . This book was released on 1990 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

General Equilibrium

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Publisher : Routledge
ISBN 13 : 1134433611
Total Pages : 554 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis General Equilibrium by : Frank Hahn

Download or read book General Equilibrium written by Frank Hahn and published by Routledge. This book was released on 2003-09-02 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate. General equilibrium theorists including Michio Morishima, Michael Magill and Martine Quinzii debate strengths, weaknesses and possible futures with leading thinkers such as Herb Gintis, Pierangelo Garegnani and Duncan Foley, who seek to explain the rejection of general equilibrium. Uniquely, none of the contributors portray general equilibrium theory as the perfect guide to market economies actual behaviour, but rather illustrate that there is insufficient acquaintance with existing alternatives and that general equilibrium theory is often used as an ideal 'benchmark'.

General Equilibrium Economics

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Publisher : Springer
ISBN 13 : 1349127523
Total Pages : 514 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis General Equilibrium Economics by : Robert E. Kuenne

Download or read book General Equilibrium Economics written by Robert E. Kuenne and published by Springer. This book was released on 1992-06-18 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of published papers in general equilibrium that explore the basic problems of extensive interdependence in models incorporating oligopoly, space, time and money. Robert E. Kuenne has also written "The Theory of General Economic Equilibrium".

Frontiers in Applied General Equilibrium Modeling

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Publisher : Cambridge University Press
ISBN 13 : 1139443720
Total Pages : 452 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Frontiers in Applied General Equilibrium Modeling by : Timothy J. Kehoe

Download or read book Frontiers in Applied General Equilibrium Modeling written by Timothy J. Kehoe and published by Cambridge University Press. This book was released on 2005-01-17 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applying General Equilibrium

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Publisher : Cambridge University Press
ISBN 13 : 9780521319867
Total Pages : 316 pages
Book Rating : 4.3/5 (198 download)

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Book Synopsis Applying General Equilibrium by : John B. Shoven

Download or read book Applying General Equilibrium written by John B. Shoven and published by Cambridge University Press. This book was released on 1992-05-29 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applied General Equilibrium Analysis of India's Tax and Trade Policy

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Publisher : Routledge
ISBN 13 : 1351776118
Total Pages : 252 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Applied General Equilibrium Analysis of India's Tax and Trade Policy by : Sameer R. Rege

Download or read book Applied General Equilibrium Analysis of India's Tax and Trade Policy written by Sameer R. Rege and published by Routledge. This book was released on 2018-10-24 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. India's tax revenues depend on manufacturing while agriculture and services generate employment. WTO's Uruguay and Doha rounds imply large tariff cuts. This affects the competitiveness of the Indian manufacturing sector and has implications for government deficits. Excessive dependence on indirect taxes and subsidies to regulate markets introduces distortions and is incompatible with free market principles. The book analyses welfare implications of fiscal and trade policies for India. To put the results in perspective, developments in trade theory, public finance and Computable General Equilibrium (CGE) modelling are covered. Theoretical results are juxtaposed with empirical findings from these models. Methodology to construct CGE models is also covered. The trade model covers tariff cuts under various assumptions besides incorporating "new trade theory". As tax reforms and tariff cuts are independent, past tax reforms like MODVAT (MODified VAT) and proposed reforms like VAT, elimination/reduction of subsidies are covered using a separate tax model.

The Structure of Applied General Equilibrium Models

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Publisher : MIT Press
ISBN 13 : 9780262571579
Total Pages : 580 pages
Book Rating : 4.5/5 (715 download)

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Book Synopsis The Structure of Applied General Equilibrium Models by : Victor Ginsburgh

Download or read book The Structure of Applied General Equilibrium Models written by Victor Ginsburgh and published by MIT Press. This book was released on 2002 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridges the gap between applied and theoretical general equilibrium models.

Groups and Markets

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Publisher : Springer
ISBN 13 : 331960516X
Total Pages : 186 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Groups and Markets by : Hans Gersbach

Download or read book Groups and Markets written by Hans Gersbach and published by Springer. This book was released on 2017-07-29 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph studies multi-member households or, more generally, socio-economic groups from a purely theoretical perspective and within a general equilibrium framework, in contrast to a sizeable empirical literature. The approach is based on the belief that households, their composition, decisions and behavior within a competitive market economy deserve thorough examination. The authors set out to link the formation, composition, decision-making, and stability of households. They develop general equilibrium models of pure exchange economies in which households can have several, typically heterogeneous members and act as collective decision-making units on the one hand and as competitive market participants on the other hand. Moreover, the more advanced models combine traditional exchange (markets for commodities) and matching (markets for people or partners) and develop implications for welfare, social structures, and economic policy. In the field of family economics, Hans Haller and Hans Gersbach have pioneered a ‘market’ approach that applies the tools of general equilibrium theory to the analysis of household behavior. This very interesting book presents an overview of their methods and results. This is an inspiring work. Pierre-André Chiappori, Columbia University, USA The sophisticated, insightful and challenging analysis presented in this book extends the theory of the multi-person household along an important but relatively neglected dimension, that of general equilibrium theory. It also challenges GE theorists themselves to follow Paul Samuelson in taking seriously the real attributes of that fundamental building block, the household, as a social group whose decisions may not satisfy the standard axioms of individual choice. This synthesis and extension of their earlier work by Gersbach and Haller will prove to be a seminal contribution in its field. Ray Rees, LMU Munich, Germany

Designing Public Policies

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Publisher : Springer Science & Business Media
ISBN 13 : 3642121837
Total Pages : 180 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Designing Public Policies by : Francisco J. André

Download or read book Designing Public Policies written by Francisco J. André and published by Springer Science & Business Media. This book was released on 2010-09-14 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph provides a novel approach to the evaluation of economic policy by combining two different analytical strategies. On the one hand, the computable general equilibrium (CGE) analysis, a standard tool mostly used to quantify the impact of economic measures or changes in the structural data of the economy. On the other hand, the multiple criteria decision-making (MCDM) approach, an op- misation technique that deals with problems with more than one objective. Ty- cally, CGE is well suited for the analysis of the interactions of multiple agents from the point of view of a planner single objective. Combining this technique with the MCDM approach allows developing models in which we ?nd many interacting agents and a decision maker with several objectives. The contribution of this work is partly methodological and partly applied. It provides a framework for the analysis of this type of problems, as well as a series of applications in which the strength of the approach is made clear. The consideration of environmental problems, as a speci?c ?eld in which this technique of analysis can be used, is particularly well chosen. The environmental concern keeps growing steadily and has already become an issue in most of the standard economic decisions. It is therefore extremely important to ?nd systematic ways to introduce such a concern in the models with which we evaluate the impact of policy measures.

Imperfect General Equilibrium

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Publisher : Springer Science & Business Media
ISBN 13 : 3642483992
Total Pages : 176 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Imperfect General Equilibrium by : Pier C. Nicola

Download or read book Imperfect General Equilibrium written by Pier C. Nicola and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic theory of the last fifty years has been dominated by the paradigm of General Equilibrium Theory, based on the scientific work of Walras-Pareto-Cassel-Wald-Hicks-Arrow-De breu-McKenzie. Some of its grounding assumptions are: all prices are fully flexible; an auctioneer appropriately manipulates all prices according to the law of supply and demand; every con sumer has only one budget constraint; all agents are perfectly informed; no actions are taken by agents before a vector of prices has been found such that all markets clear. Indeed, when all markets clear every agent can implement her/his chosen (opti mal) action and nobody is urged to change his/her decisions. Under these assumptions it is generally said that in a (one pe riod, competitive) general equilibrium model there is no place for money. The present monograph takes general equilibrium as the ba sis on which to build the model presented. But its first aim is to completely dispense with the Walrasian auctioneer by giving firms the task of choosing their output price~ period after period.

General Equilibrium and Welfare Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 354032223X
Total Pages : 576 pages
Book Rating : 4.5/5 (43 download)

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Book Synopsis General Equilibrium and Welfare Economics by : James C. Moore

Download or read book General Equilibrium and Welfare Economics written by James C. Moore and published by Springer Science & Business Media. This book was released on 2006-12-20 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the basic grasp of general equilibrium theory that is a fundamental background for advanced work in virtually any sub-field of economics, and the thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, that is indispensable for undertaking applied policy analysis. The book uses extensive examples, both simple ones intended to bolster basic concepts, and those illustrating application of the material to economics in practice.

Introduction to Computable General Equilibrium Models

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Publisher : Cambridge University Press
ISBN 13 : 1107132207
Total Pages : 443 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Introduction to Computable General Equilibrium Models by : Mary E. Burfisher

Download or read book Introduction to Computable General Equilibrium Models written by Mary E. Burfisher and published by Cambridge University Press. This book was released on 2017-02 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.

Applied General Equilibrium Modelling

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Publisher : Springer
ISBN 13 : 9789401579100
Total Pages : 188 pages
Book Rating : 4.5/5 (791 download)

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Book Synopsis Applied General Equilibrium Modelling by : Henk Don

Download or read book Applied General Equilibrium Modelling written by Henk Don and published by Springer. This book was released on 2013-10-03 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade or so, applied general equilibrium models have rapidly become a major tool for policy advice on issues regarding allocation and efficiency, most notably taxes and tariffs. This reflects the power of the general equilibrium approach to allocative questions and the capability of today's applied models to come up with realistic answers. However, it by no means implies that the theoretical, practical and empirical problems faced by researchers in applied modelling have all been solved in a satisfactory way. Rather, a promising field of research has been opened up, inviting theorists and practitioners to further explore and exploit its potential. The state of the art in applied general equilibrium modelling is reflected in this volume. The introductory Chapter (Part I) evaluates the use of economic modelling to address policy questions, and discusses the advantages and disadvantages of applied general equilibrium models. Three substantive issues are dealt with in Chapters 2-8: Tax Reform and Capital (Part II), Intertemporal Aspects and Expectations (Part III), and Taxes and the Labour Market (Part IV). While all parts contain results relevant for economic policy, it is clear that theory and applications for these areas are in different stages of development. We hope that this book will bring inspiration, insight and information to researchers, students and policy advisors.

Essays in Dynamic General Equilibrium Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 3540271929
Total Pages : 278 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Essays in Dynamic General Equilibrium Theory by : Alessandro Citanna

Download or read book Essays in Dynamic General Equilibrium Theory written by Alessandro Citanna and published by Springer Science & Business Media. This book was released on 2006-01-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.