Book section
Micro Data and General Equilibrium Models.
- Abstract:
-
Dynamic general equilibrium models are required to evaluate policies applied at the national level. To use these models to make quantitative forecasts requires knowledge of an extensive array of parameter values for the economy at large. This essay describes the parameters required for different economic models, assesses the discordance between the macromodels used in policy evaluation and the microeconomic models used to generate the empirical evidence. For concreteness, we focus on two gene...
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Bibliographic Details
- Publisher:
- Elsevier
- Host title:
- Handbook of Macroeconomics
- Pages:
- 543 - 633
- Place of publication:
- Amsterdam
- Publication date:
- 1999-01-01
- DOI:
- ISBN:
- 0-444-50156-8
Item Description
- Language:
- English
- UUID:
-
uuid:c9c69cbe-4876-4479-95fc-1b8cdd6c03aa
- Local pid:
- oai:economics.ouls.ox.ac.uk:14770
- Deposit date:
- 2011-08-16
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Terms of use
- Copyright date:
- 1999
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