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Applied General Equilibrium Modelling

Name: Applied General Equilibrium Modelling
Brand: Springer
SKU: 02178347
Price: 18719 HUF
Availability: InStock
Author: Henk Don
ISBN: 9789401579100

Henk Don

Theo C.M.J. van de Klundert

Jarig van Sinderen

Language

English

Book Paperback

Libristo code: 02178347

Publishers Springer, February 2013

Over the last decade or so, applied general equilibrium models have rapidly become a major tool for... Full description

Libristo code: 02178347

125 b

18 719 Ft

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Over the last decade or so, applied general equilibrium models have rapidly become a major tool for policy advice on issues regarding allocation and efficiency, most notably taxes and tariffs. This reflects the power of the general equilibrium approach to allocative questions and the capability of today's applied models to come up with realistic answers. However, it by no means implies that the theoretical, practical and empirical problems faced by researchers in applied modelling have all been solved in a satisfactory way. Rather, a promising field of research has been opened up, inviting theorists and practitioners to further explore and exploit its potential. The state of the art in applied general equilibrium modelling is reflected in this volume. The introductory Chapter (Part I) evaluates the use of economic modelling to address policy questions, and discusses the advantages and disadvantages of applied general equilibrium models. Three substantive issues are dealt with in Chapters 2-8: Tax Reform and Capital (Part II), Intertemporal Aspects and Expectations (Part III), and Taxes and the Labour Market (Part IV). While all parts contain results relevant for economic policy, it is clear that theory and applications for these areas are in different stages of development. We hope that this book will bring inspiration, insight and information to researchers, students and policy advisors.