Computable General Equilibrium Models

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:abbreviation CGE models
gptkbp:appliesTo gptkb:International_Monetary_Fund
gptkb:OECD
gptkb:World_Bank
governments
research institutions
gptkbp:basedOn general equilibrium theory
gptkbp:developedBy gptkb:Herbert_Scarf
gptkb:John_Whalley
1960s
John Shoven
gptkbp:feature counterfactual analysis
numerical simulation
microeconomic foundations
market interactions
calibration to base year data
closure rules
comparative statics
dynamic extensions
explicit modeling of agents
explicit modeling of consumption
explicit modeling of government
explicit modeling of investment
explicit modeling of production
explicit modeling of savings
explicit modeling of taxes
explicit modeling of trade
explicit modeling of transfers
macroeconomic consistency
multiple markets
https://www.w3.org/2000/01/rdf-schema#label Computable General Equilibrium Models
gptkbp:input input-output tables
household survey data
social accounting matrix
gptkbp:output distributional effects
sectoral impacts
equilibrium prices
welfare effects
gptkbp:relatedTo input-output models
partial equilibrium models
social accounting matrix
gptkbp:software gptkb:GAMS
GEMPACK
MPSGE
gptkbp:usedIn environmental economics
economic analysis
policy evaluation
trade analysis
gptkbp:bfsParent gptkb:General_Equilibrium_Theory
gptkbp:bfsLayer 7