000 02433nam a2200301Ia 4500
999 _c1658
_d1658
003 DE-boiza
005 20200102111450.0
008 191008
020 _a978-3-642-24745-3
040 _cIZA
100 _aCardenete, Manuel Alejandro
_94509
100 _a Guerra, Ana-Isabel
_94510
100 _a Sancho, Ferran
_94510
245 0 _aApplied General Equilibrium: An Introduction
260 _c2012
_bSpringer,
_aBerlin et al.,
300 _a118 pages
340 _hC5 25
520 _aThis advanced textbook provides a straightforward but comprehensive introduction to applied general equilibrium modeling. General equilibrium is the backbone of modern economic analysis, which is why generation after generation of economics students have been introduced to it. As an analytical tool, general equilibrium can provide one of the most complete views of a given economy, as it incorporates all economic agents (households, firms, government and the foreign sector) in an integrated way that explicitly reveals the interplay of economic forces—supply and demand—and the balancing role of prices. Applied general equilibrium goes one step further in modeling, since it entails the integration of microeconomic theory, data handling and computing. This integration is essential for successful empirical modeling, but also involves various abilities that are not found in standard books. This book fills the gap, providing advanced students with the required tools, from the construction of consistent and applicable general equilibrium models to the interpretation of the results that ensue from the adoption of policies. This second edition expands the range of topics covered, including: indispensable general equilibrium theory, step-by-step model design, incremental model extensions, a wealth of sample computer code, procedures for constructing economic databases, database adjustments and database updating algorithms, numerical model calibration, policy strategies and their trade-offs and welfare effects, and a discussion of empirical policy examples.
650 _aeconomic model
_91119
650 _aeconomic theory
_94512
650 _aequilibrium theory
_9980
650 _aempirical modeling
_95975
650 _alabor market
_95976
653 _ageneral equilibrium modeling
655 _atextbook
_95204
856 _uhttps://www.springer.com/gp/book/9783662548929
_yPublisher's website
942 _cBO
_2ddc