9780521319867
Applying General Equilibrium
John B. Shoven; John Whalley
ISBN 13: 9780521319867
Publisher: Cambridge Univ Pr
Publication Date: 1992
Binding: Softcover
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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 models, including developing an appropriate equilibrium structure, calibrating the model, compiling counterfactual equilibria, and interpreting results. The authors contend that the Walrasian general equilibrium model provides an ideal framework for appraising the effects of policy changes on resource allocation, assessing who gains and who loses, and the policy impacts not well covered by empirical macro models. The applications in the book illustrate a number of ways in which fresh insights are provided in long standing policy controversies.
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Applying General Equilibrium (Paperback) (ISBN: 9780521319867) Shoven, John B.;Whalley, John Quantity Available: 10
Book Description: CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 1992. Paperback. Book Condition: New. 226 x 151 mm. Brand New Book with Free Worldwide Delivery ***** Print on Demand *****. 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 models, including developing an appropriate equilibrium structure, calibrating the model, compiling counterfactual equilibria, and interpreting results. The authors contend that the Walrasian general equilibrium model provides an ideal framework for appraising the effects of policy changes on resource allocation, assessing who gains and who loses, and the policy impacts not well covered by empirical macro models.The applications in the book illustrate a number of ways in which fresh insights are provided in longstanding policy controversies. Bookseller Inventory # AAV9780521319867 Bookseller & Payment Information | More Books from this Seller | Ask Bookseller a Question |
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Applying General Equilibrium (ISBN: 9780521319867) Shoven, John B.;Whalley, John Quantity Available: > 20
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Applying General Equilibrium (ISBN: 9780521319867) Shoven, John B.;Whalley, John Quantity Available: > 20
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Book Description: Cambridge University Press. Paperback. Book Condition: new. BRAND NEW PRINT ON DEMAND., Applying General Equilibrium, John B. Shoven, John Whalley, John Pencavel, Aims to make more widely available a body of recent research activity that has become known as applied general equilibrium analysis. The central idea is to convert the Walrasian general equilibrium structure from an abstract representation of an economy into realistic models of actual economies. Bookseller Inventory # B9780521319867 Bookseller & Payment Information | More Books from this Seller | Ask Bookseller a Question |
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APPLYING GENERAL EQUILIBRIUM (ISBN: 0521319862 / 0-521-31986-2) Shoven, John B.;Whalley, John Quantity Available: 10
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Applying General Equilibrium (ISBN: 0521319862 / 0-521-31986-2) Shoven, John B.;Whalley, John Quantity Available: 3
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Book Description: Cambridge Univ Pr, 1992. Paperback. Book Condition: Brand New. 299 pages. 9.00x6.00x0.50 inches. In Stock. Bookseller Inventory # __0521319862 Bookseller & Payment Information | More Books from this Seller | Ask Bookseller a Question |
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Applying General Equilibrium (ISBN: 9780521319867) Shoven, John B.;Whalley, John Quantity Available: > 20
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Applying General Equilibrium (ISBN: 0521319862 / 0-521-31986-2) Shoven, John B.;Whalley, John Quantity Available: 1
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