Elicitation of Prior Information in Single Market Disequilibrium Models PDF Download
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Author: Michel Lubrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Author: Michel Lubrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
Author: Stephen M. Goldfeld
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 34
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Book Description
Author: David H. Howard
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 170
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Book Description
Author: Mary E. Burfisher
Publisher: Cambridge University Press
ISBN: 1107132207
Category : Business & Economics
Languages : en
Pages : 443
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Book Description
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Author: Glenn D. Rudebusch
Publisher: Springer Science & Business Media
ISBN: 3642456251
Category : Business & Economics
Languages : en
Pages : 137
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Book Description
Author: Kemal Dervis
Publisher: Cambridge University Press
ISBN: 9780521270304
Category : Business & Economics
Languages : en
Pages : 548
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Book Description
Author: Julio Rotemberg
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 82
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Book Description
This paper discusses the consequences of introducing imperfectly competitive product markets into an otherwise standard neoclassical growth model. We pay particular attention to the consequences of imperfect competition for the explanation of fluctuations in aggregate economic activity. Market structures considered include monopolistic competition, the 'customer market' model of Phelps and Winter, and the implicit collusion model of Rotemberg and Saloner. Empirical evidence relevant to the numerical calibration of imperfectly competitive models is reviewed. The paper then analyzes the effects of imperfect competition upon the economy's response to several kinds of real shocks, including technology shocks, shocks to the level of government purchases, and shocks that change individual producers' degree of market power. It also discusses the role of imperfect competition in allowing for fluctuations due solely to self-fulfilling expectations.
Author: Julio Rotemberg
Publisher: Forgotten Books
ISBN: 9781330418796
Category : Business & Economics
Languages : en
Pages : 70
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Book Description
Excerpt from Dynamic General Equilibrium Models With Imperfectly Competitive Product Markets This paper discusses the consequences of introducing imperfectly competitive product into an otherwise standard neoclassical growth model. We pay particular attention to the consequences of imperfect competition for the explanation of fluctuations in aggregate economic activity. Market structures considered include monopolistic competition, the "customer market" model of Phelps and Winter, and the implicit collusion model of Rotemberg and Saloner. Empirical evidence relevant to the numerical calibration on imperfectly competitive models is reviewed. The paper then analyzes the effects of imperfect competition upon the economy's response to several kinds of real shocks, including technology shocks, shocks to the level of government purchases, and shocks that change individual producers' degree of market power. It also discusses the role of imperfect competition in allowing for fluctuations due solely to self-fulfilling expectations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Dirk Willenbockel
Publisher: Wiley
ISBN: 9780471950387
Category : Business & Economics
Languages : en
Pages : 282
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Book Description
Provides a step-by-step introduction to applied general equilibrium modelling of trade policy reforms and regional economic integration initiatives. Includes a detailed description of a contemporary practical application to assess the economic consequences of the single European Market.
Author: Motoshige Itō
Publisher: Routledge
ISBN:
Category : Commerce
Languages : en
Pages : 116
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Book Description
Two of Japan's leading economists - Motoshige Itoh and Takashi Negishi - look at trade models in a disequilibrium context.
