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Book Cover
E-book

Title Frontiers in applied general equilibrium modeling : in honor of Herbert Scarf / edited by Timothy J. Kehoe, T.N. Srinivasan, John Whalley
Published Cambridge, UK ; New York : Cambridge University Press, 2005

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Description 1 online resource (xi, 436 pages) : illustrations
Contents Cover; Half-Title; Title; Copyright; Contents; Contributors; Acknowledgments; Introduction; ORIGINS OF APPLIED GENERAL EQUILIBRIUM MODELING; CONTRIBUTIONS IN THIS VOLUME; KEY ISSUES IN APPLIED GENERAL EQUILIBRIUM MODELING; ON TO NUMERICAL SIMULATION; REFERENCES; 1 Personal Reflections on Applied General Equilibrium Models; 2 Uniqueness of Equilibrium in the Multicountry Ricardo Model; 3 Solving Dynamic Stochastic Competitive General Equilibrium Models; 4 Mathematical Programs with Equilibrium Constraints: Automatic Reformulation and Solution via Constrained Optimization
Summary This 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 new developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some newer 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 new approaches, conceptual issues and computational algorithms, such as calibration and new 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
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Equilibrium (Economics) -- Mathematical models
POLITICAL SCIENCE -- Economic Conditions.
BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
Equilibrium (Economics) -- Mathematical models
Genre/Form Festschriften
Festschriften.
Form Electronic book
Author Kehoe, Timothy Jerome, 1953-
Srinivasan, T. N., 1933-2018
Whalley, John.
LC no. 2004045758
ISBN 0511109695
9780511109690
1280415401
9781280415401
0511109385
9780511109386
9786610415403
6610415404
9780521825252
0521825253
9780511614330
0511614330
9780521153737
0521153735