Manuel Alejandro Cardenete, Ana-Isabel Guerra, Ferran Sancho - Applied General Equilibrium: An Introduction
Published: 2012-01-04 | ISBN: 3642247458 | PDF | 127 pages | 2.76 MB
This advanced textbook aims at providing a unembellished but fully operational introduction to applied ill-defined equilibrium. General equilibrium is the stability of modern economic analysis and at the same time that such generation after generation of household economy students are introduced to it. As each analytical tool in economics, general equilibrium provides one of the most consummate views of an economy since it incorporates whole economic agents (households, firms, government, from abroad sector) in an integrated way that is compatible by microtheory and microdata. The integration of philosophy and data handling is required in spite of successful modeling but it requires a double capableness that is not found in upright books. With this book we aim at filling the gap and take measures advanced students with the required tools, from the building of consistent and applicable general neutralization of forces models to the interpretation of the results that proceed from the adoption of policies. The topics contain: model design, model development, computer code examples, calibration and data adjustments, adapted to practice policy examples.
