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Frontiers in applied general equilibrium modeling /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Frontiers in applied general equilibrium modeling // edited by Timothy J. Kehoe, T.N. Srinivasan, John Whalley.
other author:	Kehoe, Timothy Jerome,
Description:	1 online resource (xi, 436 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:	Equilibrium (Economics) - Mathematical models. -
Online resource:	https://doi.org/10.1017/CBO9780511614330
ISBN:	9780511614330 (ebook)

Frontiers in applied general equilibrium modeling /
Frontiers in applied general equilibrium modeling /edited by Timothy J. Kehoe, T.N. Srinivasan, John Whalley. - 1 online resource (xi, 436 pages) :digital, PDF file(s).

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Introduction /Timothy J. Kehoe, T.N. Srinivasan, John Whalley --

This 2005 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 developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern 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 distinct approaches, conceptual issues and computational algorithms, such as calibration and 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.

ISBN: 9780511614330 (ebook)Subjects--Topical Terms:

565217
Equilibrium (Economics)
--Mathematical models.

LC Class. No.: HB145 / .F76 2005

Dewey Class. No.: 339.5/01/5195

Frontiers in applied general equilibrium modeling /
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245 0 0 $a Frontiers in applied general equilibrium modeling / $c edited by Timothy J. Kehoe, T.N. Srinivasan, John Whalley.
264 1 $a Cambridge : $b Cambridge University Press, $c 2005.
300 $a 1 online resource (xi, 436 pages) : $b digital, PDF file(s).
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500 $a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 0 $t Introduction / $r Timothy J. Kehoe, T.N. Srinivasan, John Whalley -- $t Personal reflections on applied general equilibrium models / $r Kenneth J. Arrow -- $t Uniqueness of equilibrium in the multicountry Ricardo model / $r Herbert Scarf, Charles A. Wilson -- $t Solving dynamic stochastic competitive general equilibrium models / $r Kenneth L. Judd -- $t Mathematical programs with equilibrium constraints : automatic reformulation and solution via constrained optimization / $r Michael C. Ferris, Steven P. Dirkse, Alexander Meeraus -- $t Nonconvexities in quantitative general equilibrium studies of business cycles / $r Edward C. Prescott -- $t Lotteries for consumers versus lotteries for firms / $r Lars Ljungqvist, Thomas J. Sargent -- $t Default and aggregate fluctuations in storage economies / $r Makoto Nakajima, Jose-Victor Rios-Rull -- $t New applications of general equilibrium to finance : default and collateral / $r Aloisio Araujo, Mario Pascoa -- $t Efficient taxation of income / $r Dale W. Jorgenson, Kun-Young Yun -- $t Representative versus real households in the macroeconomic modeling of inequality / $r Francois Bourguignon, Anne-Sophie Robilliard, Sherman Robinson -- $t General equilibrium modeling for global climate change / $r Alan S. Manne -- $t Simulation and estimation of hedonic models / $r James Heckman, Rosa Matzkin, Lars Nesheim -- $t An evaluation of the performance of applied general equilibrium models on the impact of NAFTA / $r Timothy J. Kehoe -- $t Decompositional analysis using numerical equilibrium models : illustrations from trade literature / $r Lisandro Abrego, John Whalley.
520 $a This 2005 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 developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern 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 distinct approaches, conceptual issues and computational algorithms, such as calibration and 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.
650 0 $a Equilibrium (Economics) $x Mathematical models. $3 565217
700 1 $a Kehoe, Timothy Jerome, $d 1953- $e editor. $3 1439698
700 1 $a Srinivasan, T. N., $d 1933- $3 646156
700 1 $a Whalley, John, $e editor. $3 1439699
776 0 8 $i Print version: $z 9780521825252
856 4 0 $u https://doi.org/10.1017/CBO9780511614330