We will be performing a scheduled system maintenance between 4:00am and 5:00am ET on Monday, May 13th. The application will be temporarily unavailable during this time.
Due to planned maintenance, your school has disabled school system log-ins at this time.
You may continue shopping as a guest, or by creating a bookstore-only account.
Please complete the purchase of any items in your cart before going to this third-party site.
Also note that if you qualify for financial aid, items purchased through this site will not be subject to
reimbursement.
Description:
General equilibrium and AGE modeling are both active fields of research. Yet the applied model builder often finds the style of theoretical papers inaccessible, while the theoretician hardly recognizes the concepts used in the equations of applied models. The Structure of Applied General Equilibrium Models bridges that gap through a comprehensive analysis of the theoretical underpinnings of the applied models.
The book opens with an overview of the competitive model and a review of the standard theory of producer and consumer behavior. It then defines the basic formats used to represent and analyze models. It discusses the main steps used to construct a numerical application and gives a full GAMS application for the simplest model. A disk with GAMS programs is available for use with the book.
The remaining nine chapters present specific models. Topics include international trade, tariffs and quotas, price rigidities, finite-horizon dynamics, infinite-horizon dynamics, externalities, nonconvexities, imperfect competition, and incomplete asset markets.
Expand description
Product notice
Returnable at the third party seller's discretion and may come without consumable supplements like access codes, CD's, or workbooks.
Connecting readers with great books since 1972! Used textbooks may not
[...]
Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority!
Connecting readers with great books since 1972! Used textbooks may not
[...]
Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority!