000 01959nam a2200253Ia 4500
999 _c1231
_d1231
003 DE-boiza
005 20200117104836.0
008 191008
020 _a0-262-57157-9
040 _cIZA
100 _aGinsburgh, Victor
_93560
100 _a Keyzer, Michiel
_93559
245 4 _aThe Structure of Applied General Equilibrium Models
260 _c2002
_bMIT Press,
_aCambridge, Mass. [u.a.],
300 _a555 pages
340 _hD5 03
520 _a 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. Chapter 1 of the book provides an overview of the competitive model, and Chapter 2 reviews the standard theory of producer and consumer behavior. Chapter 3 then defines the basic formats used in the following chapters to represent and analyze the 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.
650 _aequilibrium theory
_9980
650 _aGeneral Equilibrium Models
_96531
650 _aapplications
_96415
650 _amathematical model
_93561
856 _uhttps://mitpress.mit.edu/books/structure-applied-general-equilibrium-models
_yPublisher's website
942 _cBO
_2ddc