Economic Theory, Vol. 21, No. 2/3, Symposium in Honor of Mordecai Kurz (Mar., 2003), pp. 347-397 (51 pages) We build a one-period general equilibrium model with money. Equilibrium exists, and fiat ...
American Journal of Agricultural Economics, Vol. 89, No. 2 (May, 2007), pp. 383-397 (15 pages) Computable General Equilibrium (CGE) models are commonly used for global agricultural market analysis.
WHEN The Economist's economics editor studied macroeconomics in the 1970s, the basic model for understanding swings in demand was the so-called IS-LM framework, invented by Sir John Hicks in 1937 as ...
The study of equilibrium analysis in large games and commodity spaces lies at the heart of modern economic theory, where the interplay between individual strategic behaviour and aggregate market ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper develops a dynamic general equilibrium model to assess the effects of temporary business tax cuts. First, the ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper proposes a network model of multilaterally equilibrium exchange rates. The model introduces a topological ...