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Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia

Michael Malakellis

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Description:This book provides a comprehensive account of the theoretical structures, database, computation and application of ORANI-INT. ORANI-INT is a multi-period elaboration of ORANI, a well-known computable general equilibrium model of the Australian economy. The implications of assuming that expectations are model consistent are contrasted with those of the alternative assumption that expectations are static. A generic algorithm for solving a wide range of economic models is described in detail. The algorithm is portable because it is implemented in GEMPACK, a commercially available software package. The major application reported in the book addresses the issue whether tariff reform policies should be announced ahead of their implementation. Many of the multisectoral models used throughout the world are static. The methodology presented in the book demonstrates that such models can be easily embedded into an intertemporal framework.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia. To get started finding Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 296

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: 2000

ISBN: 3642576613

Description: This book provides a comprehensive account of the theoretical structures, database, computation and application of ORANI-INT. ORANI-INT is a multi-period elaboration of ORANI, a well-known computable general equilibrium model of the Australian economy. The implications of assuming that expectations are model consistent are contrasted with those of the alternative assumption that expectations are static. A generic algorithm for solving a wide range of economic models is described in detail. The algorithm is portable because it is implemented in GEMPACK, a commercially available software package. The major application reported in the book addresses the issue whether tariff reform policies should be announced ahead of their implementation. Many of the multisectoral models used throughout the world are static. The methodology presented in the book demonstrates that such models can be easily embedded into an intertemporal framework.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia. To get started finding Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia

Integrated Macro-Micro-Modelling Under Rational Expectations: With an Application to Tariff Reform in Australia

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