Applying General Equilibrium

Name: Applying General Equilibrium
Price: 6.75 USD
Availability: InStock
ISBN: 9780521319867

ISBN-10: 0521319862

ISBN-13: 9780521319867

Edition: 1992

Authors: John B. Shoven, John Whalley, John Pencavel

List price: $52.99

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Description:

The aim of this book is to make more widely available a body of recent research activity that has become known as applied general equilibrium analysis. The central idea underlying this work is to convert the Walrasian general equilibrium structure (formalized in the 1950s by Kenneth Arrow, Gerard Debreu and others) from an abstract representation of an economy into realistic models of actual economies. Numerical, empirically based general equilibrium models can then be used to evaluate concrete policy options by specifying production and demand parameters and incorporating data reflective of real economies. Shoven and Whalley describe all aspects of developing applied general equilibrium…

Book details

List price: $52.99
Copyright year: 1992
Publisher: Cambridge University Press
Publication date: 5/29/1992
Binding: Paperback
Pages: 312
Size: 5.98" wide x 9.02" long x 0.71" tall
Weight: 1.012
Language: English

John Whalley is Professor of Economics at the University of Western Ontario, Research Associate at NBER, and Coordinator of the Global Economy Group at CESifo.




Introduction



Techniques



General equilibrium theory



Computing general equilibria



Applying the Techniques



Designing and applied general equilibrium model



Using applied general equilibrium models



A harberger tax model application



A general equilibrium model of United States tax policies



Policy Applications



Global trade models



Single country trade modelling



Analysis of price controls and stabilization policies



Conclusion