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The Structure of Applied General Equilibrium Models

The Structure of Applied General Equilibrium Models (Trade Paperback / Paperback)

By Ginsburgh, Victor
By Keyzer, Michiel

General equilibrium and AGE modeling are both active fields of research. Yet the applied model builder often finds the style of theoretical papers inaccessible, while the theoretician hardly recognizes the concepts used in the equations of applied models. The Structure of Applied... General Equilibrium Models bridges that gap through a comprehensive analysis of the theoretical underpinnings of the applied models. The book opens with an overview of the competitive model, and a review of the standard theory of producer and consumer behavior. It then defines the basic formats used in the following chapters to represent and analyze models. It discusses the main steps used to construct a numerical application and gives a full GAMS application for the simplest model. The remaining nine chapters present specific models. Topics include international trade, tariffs and quotas, price rigidities, finite-horizon dynamics, infinite-horizon dynamics, externalities, nonconvexities, imperfect competition, and incomplete asset markets. Each chapter covers existence of equilibrium, welfare (and other) properties, and the way applied models incorporate the theoretical concepts.
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ISBN 9780262571579
Released NZ 15 Feb 2002
Publisher MIT Press Ltd
Format Trade Paperback/Paperback
Series The MIT Press
Availability
Availability and pricing is uncertain (no recent updates from publisher)

Full details for this title

ISBN-13 9780262571579
Stock Out of stock
Status Availability and pricing is uncertain (no recent updates from publisher)
Publisher MIT Press Ltd
Imprint MIT Press
Released 15 Feb 2002
Publication Country United States United States
Format Trade Paperback/Paperback
Author(s) By Ginsburgh, Victor
By Keyzer, Michiel
Series The MIT Press
Category Non-Fiction (Child / Teen)
Economic Theory & Philosophy
Number of Pages 575
Dimensions Width: 178mm
Height: 254mm
Spine: 25mm
Dewey Code 339.5015118
Weight 989g
Interest Age 19+ years
Reading Age 19+ years
Library of Congress Equilibrium (Economics), Mathematical models
NBS Text Economics: Professional & General
ONIX Text College/higher education;Professional and scholarly

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