"General-equilibrium" refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors,…Read more
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"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.
Chapter headings: Introduction. Input-Output Data and Input-Output Models. The Johansen Approach. The Construction of a Model for Practical Policy Analysis. An Introduction to Intertemporal Modeling. Author Index. Subject Index. References.
Language: English
Edition: 1
Volume: 32
Published: March 27, 1992
Imprint: North Holland
Hardback ISBN: 9780444884497
eBook ISBN: 9780080934037
KP
K.R. Pearson
Affiliations and expertise
La Trobe University, Bundoora, Australia and Monash University, Australia
AP
A.A. Powell
Affiliations and expertise
Monash University, Melbourne, Australia
PW
P.J. Wilcoxen
Affiliations and expertise
The University of Texas at Austin, USA
Read Notes and Problems in Applied General Equilibrium Economics on ScienceDirect