Integrated Macro-Micro-Modelling Under Rational Expectations

Name: Integrated Macro-Micro-Modelling Under Rational Expectations
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783790812749
Price: 50.21 EUR
Availability: InStock

With an Application to Tariff Reform in Australia

Автор: Michael Malakellis

Език:

Корици: С меки корици

Издател: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Наличност: Външен склад

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This book provides a comprehensive account of the theoretical structures, database, computation and...

Информация за книгата

Автор

Michael Malakellis

Език

Английски език

Корици

Книга - С меки корици

Издадена

2000

страници

280

EAN

9783790812749

ISBN

3790812749

Enbook ID

01737758

Издател

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Теглоt

456

Размери

155 x 235 x 17

Пълно описание

This book provides a comprehensive account of the theoretical structures, database, computation and application of ORANI-INT. ORANI-INT is a multi-period elaboration of ORANI, a well-known computable general equilibrium model of the Australian economy.The implications of assuming that expectations are model consistent are contrasted with those of the alternative assumption that expectations are static. A generic algorithm for solving a wide range of economic models is described in detail. The algorithm is portable because it is implemented in GEMPACK, a commercially available software package. The major application reported in the book addresses the issue whether tariff reform policies should be announced ahead of their implementation. Many of the multisectoral models used throughout the world are static. The methodology presented in the book demonstrates that such models can be easily embedded into an intertemporal framework.

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Integrated Macro-Micro-Modelling Under Rational Expectations

With an Application to Tariff Reform in Australia

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също