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: 50.19 EUR
Availability: InStock

With an Application to Tariff Reform in Australia

Autor: Michael Malakellis

Jazyk:

Väzba: Brožovaná

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

Dostupnosť: Skladom u dodávateľa

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

Informácie o knihe

Autor

Michael Malakellis

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2000

Stránok

280

EAN

9783790812749

ISBN

3790812749

Enbook ID

01737758

Vydavateľ

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Hmotnosť

456

Rozmery

155 x 235 x 17

Kompletný popis

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

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Kompletný popis

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