General equilibrium models: an overview

The development of general equilibrium models (GEMs) goes back a long way in economics, both at a theoretical level and as a tool for empirical analysis. General equilibrium theory and modeling have proved to be relevant and useful for understanding economic interactions between markets and agents i...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Chumacero, Rómulo, Schmidt-Hebbel, Klaus
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
Materias:
Acceso en línea:https://hdl.handle.net/20.500.12580/3692
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai-20.500.12580-3692
record_format dspace
spelling oai-20.500.12580-36922021-04-24T10:29:43Z General equilibrium models: an overview Chumacero, Rómulo Schmidt-Hebbel, Klaus EQUILIBRIO (ECONOMÍA) The development of general equilibrium models (GEMs) goes back a long way in economics, both at a theoretical level and as a tool for empirical analysis. General equilibrium theory and modeling have proved to be relevant and useful for understanding economic interactions between markets and agents in complex modern economies and the determination of prices and quantities as a result of the latter interactions. Applied GEMs have been developed and used to address a wide range of theoretical questions and empirical/policy issues, in the fields of macroeconomics, international trade, public finance, and environmental analysis, among others. GEMs are used for many purposes, including simulation of policy changes and response to exogenous shocks, as well as forecasting (mostly macroeconomic) variables. 2019-11-01T00:02:47Z 2019-11-01T00:02:47Z 2005 Artículo 956-7421-21-8 https://hdl.handle.net/20.500.12580/3692 eng Series on Central Banking, Analysis, and Economic Policies, no. 9 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 01-27 application/pdf Banco Central de Chile
institution Banco Central
collection Banco Central
language eng
topic EQUILIBRIO (ECONOMÍA)
spellingShingle EQUILIBRIO (ECONOMÍA)
Chumacero, Rómulo
Schmidt-Hebbel, Klaus
General equilibrium models: an overview
description The development of general equilibrium models (GEMs) goes back a long way in economics, both at a theoretical level and as a tool for empirical analysis. General equilibrium theory and modeling have proved to be relevant and useful for understanding economic interactions between markets and agents in complex modern economies and the determination of prices and quantities as a result of the latter interactions. Applied GEMs have been developed and used to address a wide range of theoretical questions and empirical/policy issues, in the fields of macroeconomics, international trade, public finance, and environmental analysis, among others. GEMs are used for many purposes, including simulation of policy changes and response to exogenous shocks, as well as forecasting (mostly macroeconomic) variables.
format Artículo
author Chumacero, Rómulo
Schmidt-Hebbel, Klaus
author_facet Chumacero, Rómulo
Schmidt-Hebbel, Klaus
author_sort Chumacero, Rómulo
title General equilibrium models: an overview
title_short General equilibrium models: an overview
title_full General equilibrium models: an overview
title_fullStr General equilibrium models: an overview
title_full_unstemmed General equilibrium models: an overview
title_sort general equilibrium models: an overview
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3692
work_keys_str_mv AT chumaceroromulo generalequilibriummodelsanoverview
AT schmidthebbelklaus generalequilibriummodelsanoverview
_version_ 1718346403682451456