Integrated Macro-Micro-Modelling Under Rational Expectations

Language: English

Published by Physica Feb 2000, 2000

3790812749 / 9783790812749

Series: Book 108 of 214 - Contributions to Economics

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This item is printed on demand - Print on Demand Titel. Neuware -This monograph is concerned with the formulation and implementation of ORANI-INT, an intertemporal Computable General Equilibrium (CGE) model of the Australian economy. The aim is to bring together, in a balanced approach, theory and data for the purpose of developing a practical state-of-the-art tool for policy analysis. The modelling approach adopted is motivated by the recent trend in economy-wide modelling to combine the respective strengths of traditional CGE models and modern macroeconomic models. Traditional CGE models typically provide a dissagregate representation of the economy at a single point in time. Such models are useful for analysing issues involving the allocation of resources among the various agents identified at a particular point in time. Modern macroeconomic models, on the other hand, usually provide an aggregate representation of the economy over many points in time. Such models are useful for analysing issues involving the allocation of resources across time. A model that combines the strengths of static CGE models and modern macro-dynamic models is amenable to addressing a wide range of policy issues. To demonstrate this point ORANI-INT is used to analyse tariff reform.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 296 pp. Englisch.

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Title
Integrated Macro-Micro-Modelling Under Rational Expectations
Author
Michael Malakellis
Publisher
Physica Feb 2000
Publication year
2000
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3790812749
ISBN 13
9783790812749
Item weight
452 grams
Dimensions
235x155x17 mm
Series
Book 108 of 214: Contributions to Economics

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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