General Equilibrium Analysis

Author : Monique Florenzano
Publisher : Springer Science & Business Media
Page : 181 pages
File Size : 48,6 Mb
Release : 2013-03-09
Category : Business & Economics
ISBN : 9781475753158

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General Equilibrium Analysis by Monique Florenzano Pdf

General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied. Existence and optimality of general equilibrium are developed repeatedly under different sets of hypothesis which define some general settings and delineate different approaches to the general equilibrium existence problem. The final chapter is devoted to the extension of the general equilibrium model to economies defined on an infinite dimensional commodity space. The objective of General Equilibrium Analysis is to give to each problem in each framework the most general solution, at least for the present state of art. The intended readers are graduate students, specialists and researchers in economics, especially in mathematical economics. The book is appropriate as a class text, or for self-study.

Author : Yves Balasko
Publisher : Unknown
Page : 0 pages
File Size : 45,8 Mb
Release : 2020
Category : Equilibrium (Economics).
ISBN : 1788210409

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General Equilibrium by Yves Balasko Pdf

Written by one of the key pioneers in the field, this book offers an accessible introduction to general equilibrium theory. Written for undergraduates taking courses in economic theory and modelling who have limited mathematical proficiency, the book fills a gap between forbidding technical expositions and the less rigorous elementary ones.

Author : Jaime De Melo,David G. Tarr
Publisher : MIT Press
Page : 320 pages
File Size : 41,5 Mb
Release : 1992
Category : Business & Economics
ISBN : 0262041227

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A General Equilibrium Analysis of US Foreign Trade Policy by Jaime De Melo,David G. Tarr Pdf

The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.

Author : E. Roy Weintraub
Publisher : University of Michigan Press
Page : 212 pages
File Size : 50,7 Mb
Release : 1993
Category : Business & Economics
ISBN : 047208223X

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General Equilibrium Analysis by E. Roy Weintraub Pdf

A profound, innovative, and lively exploration of the nature of the theory at the very center of economics

Author : Richard R. Cornwall
Publisher : North Holland
Page : 816 pages
File Size : 43,7 Mb
Release : 1983
Category : Equilibrium (Economics).
ISBN : UCSC:32106007503623

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Introduction to the Use of General Equilibrium Analysis by Richard R. Cornwall Pdf

Author : Pascal Bridel
Publisher : Routledge
Page : 169 pages
File Size : 41,9 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136719820

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General Equilibrium Analysis by Pascal Bridel Pdf

2010 marks the hundredth anniversary of the death of Léon Walras, the brilliant originator and first formaliser of general equilibrium theory – one of the pillars of modern economic theory. In advancing much derided practical solutions Walras also displayed more concern for the problems of living in a second best world than is common in modern pure theories of the invisible hand, efficient market hypothesis, DSGE macroeconomics or the thinking of some contemporary free market admirers all based on general equilibrium theory. This book brings contributions from the likes of Kenneth Arrow, Alan Kirman, Richard Posner, Amartya Sen and Robert Solow to share their thoughts and reflections on the theoretical heritage of Léon Walras. Some authors reminisce on the part they played in the development of modern general economics theory; others reflect on the crucial part played by general equilibrium in the development of macroeconomics, microeconomics, growth theory, welfare economics and the theory of justice; others still complain about the wrong path economic theory took under the influence of post 1945 developments in general equilibrium theory.

Author : John B. Shoven,John Whalley
Publisher : Cambridge University Press
Page : 316 pages
File Size : 54,8 Mb
Release : 1992-05-29
Category : Business & Economics
ISBN : 0521319862

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Applying General Equilibrium by John B. Shoven,John Whalley Pdf

The central idea underlying this work is to convert the Walrasian general equilibrium structure (formalized in the 1950s by Kenneth Arrow, Gerard Debreu and others) from an abstract representation of an economy into realistic models of actual economies.

Author : Manuel Alejandro Cardenete,Ana-Isabel Guerra,Ferran Sancho
Publisher : Springer Science & Business Media
Page : 126 pages
File Size : 52,6 Mb
Release : 2012-01-05
Category : Business & Economics
ISBN : 9783642247460

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Applied General Equilibrium by Manuel Alejandro Cardenete,Ana-Isabel Guerra,Ferran Sancho Pdf

This advanced textbook aims at providing a simple but fully operational introduction to applied general equilibrium. General equilibrium is the backbone of modern economic analysis and as such generation after generation of economics students are introduced to it. As an analytical tool in economics, general equilibrium provides one of the most complete views of an economy since it incorporates all economic agents (households, firms, government, foreign sector) in an integrated way that is compatible with microtheory and microdata. The integration of theory and data handling is required for successful modeling but it requires a double ability that is not found in standard books. With this book we aim at filling the gap and provide advanced students with the required tools, from the building of consistent and applicable general equilibrium models to the interpretation of the results that ensue from the adoption of policies. The topics include: model design, model development, computer code examples, calibration and data adjustments, practical policy examples.

Author : Takashi Suzuki
Publisher : World Scientific
Page : 436 pages
File Size : 54,5 Mb
Release : 2020-09-03
Category : Business & Economics
ISBN : 9789811219634

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Fundamentals Of General Equilibrium Analysis by Takashi Suzuki Pdf

The aim of this book is to incorporate Marshallian ideas such as external increasing returns and monopolistic competitions into the general equilibrium framework of Walrasian tradition. New chapters and sections have been added to this revised and expanded edition of General Equilibrium Analysis of Production and Increasing Returns (World Scientific, 2009).The new material includes a presentation of equilibrium existence and core equivalence theorems for an infinite horizon economy with a measure space of consumers. These results are currently the focus of extensive studies by mathematical theorists, and are obtained by an application of an advanced mathematical concept called saturated (super-atomless) measure space.The second major change is the inclusion of a simple toy model of a liberal society which implements the difference principle proposed by J Rawls as a principle of distributive justice. This new section opens up a possibility to connect theoretical economics and political philosophy.Thirdly, the author presents the marginal cost pricing equilibrium and discusses welfare properties of the external increasing returns, which also belong to Marshall/ Pigou tradition of the Cambridge school.Finally, a new mathematical appendix treats basics of singular homology theory. Although the fixed point theorem is originally a theorem of algebraic topology, most economic students know its proof only in the context of the differentiable manifold theory presented by J Milnor. Considering the significance of the fixed point theorem and its playing a key role in general equilibrium theory, the purpose of this new appendix is to provide readers with the idea of a proof of Brower's fixed point theorem from the 'right place'.This volume will be helpful for graduate students and researchers of mathematical economics, game theory, and microeconomics.

Author : John R. Madden,Hiroyuki Shibusawa,Yoshiro Higano
Publisher : Springer Nature
Page : 417 pages
File Size : 52,9 Mb
Release : 2020-07-11
Category : Business & Economics
ISBN : 9789811539701

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Environmental Economics and Computable General Equilibrium Analysis by John R. Madden,Hiroyuki Shibusawa,Yoshiro Higano Pdf

This book addresses major issues such as a growing world energy demand, environmental degradation due to anthropogenic greenhouse gas (GHG) emission, and risk management of disastrous events such as pandemics, abnormal climate, and earthquakes. Using cutting-edge analytical tools, particularly computable general equilibrium (CGE) modelling, the analyses are focused on a very wide range of policy-relevant economic questions for the Asia-Pacific region, especially for Japan, China, India, Vietnam, and smaller nations, including Brunei, Timor Leste, and Fiji. The first part considers (a) the effects of climate change on agriculture sectors, energy policies, and future GHG emission trends, (b) adaptation to climate changes in energy policy and its impacts on the economies, and (c) risk management of catastrophic events such as global pandemics. The second part examines (a) energy environmental issues, (b) economic impacts of natural disaster and depopulation, and (c) effects of informatics development on risk management, using CGE modelling and other methods in regional science fields. Contributors are internationally active leading CGE modellers and environmental economists. The book should be greatly beneficial for scholars and graduate students as well as policy makers who are interested in the economic effects and management of risks relating to climate change and disastrous events.

Author : David Simpson
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 52,7 Mb
Release : 1975
Category : Business & Economics
ISBN : UVA:X000035034

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General Equilibrium Analysis by David Simpson Pdf

Author : Harry G. Johnson
Publisher : Routledge
Page : 344 pages
File Size : 45,9 Mb
Release : 2017-07-12
Category : Business & Economics
ISBN : 9781351518024

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General Equilibrium Analysis by Harry G. Johnson Pdf

This is a new kind of textbook in microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student from the start to the general equilibrium approach to microeconomics, in the form of the two-sector model. This model is then applied to a variety of subjects in different special fields of economic analysis: welfare economics, international trade, public finance and income distribution. This book represents a very different approach to the teaching of micro-economic theory than normally followed, and one that will be of greater long-run value to the serious student of economics. In place of the usual textbook development of the subject as traditionally conceived through topics of increasing complexity and analytical difficulty, using partial equilibrium techniques of analysis, the book concentrates on the exposition and application of a more logically integrated set of tools that have been found of greater use in the analysis of problems arising not only in traditional micro-economics but also in a number of fields of economics that have customarily been hived off into separate specialized advanced courses. General Equilibrium Analysis starts with the description of the two-sector model and how these two sectors are built based on the individual micro-units in which they made up of and how they fit into the concept of the circular flow of income. Subsequent chapters deal with the evaluation of changes in factor endowment, demand preferences and technical progress by means of the model; and the theory of government, which includes both the theory of government expenditure, or public goods, and the theory of government tax and/or subsidy programmes-changes in budgetary scale, tax substitution and expenditure substitution. The model is then extended to an open economy-the so-called "two by two by two"--to consider both the normative effect of inte

Author : Takashi Hayashi
Publisher : Springer
Page : 185 pages
File Size : 50,8 Mb
Release : 2017-07-27
Category : Business & Economics
ISBN : 9783319566962

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General Equilibrium Foundation of Partial Equilibrium Analysis by Takashi Hayashi Pdf

This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis. It remains unexplained, at least at the level of general economics teaching, in what sense partial equilibrium analysis is indeed a part of general equilibrium analysis. Partial equilibrium welfare analysis isolates a market for a single commodity from the rest of the economy, presuming that other things remain equal, and measures gains and losses by means of consumer surplus. This is a money metric that is supposed to be summable across individuals, recommending policy that maximizes the social surplus. But what justifies such apparently uni-dimensional practise? Within a general equilibrium framework, the assumption of no income effect is presented as the key condition, and substantive general equilibrium situations in which the condition emerges are presented. The analysis is extended to the case of uncertainty, in which the practice adopts aggregate expected consumer surplus, and scrutinizes when such practice is justified. Finally, the book illustrates partial equilibrium as an institutional artifact, meaning that institutional constraint induces individuals to behave as if they are in partial equilibrium. This volume forms an important contribution to the literature by researching why this disparity persists and the implications for economics education.

Author : Herbert E. Scarf,John B. Shoven
Publisher : Cambridge University Press
Page : 0 pages
File Size : 44,7 Mb
Release : 2008-08-28
Category : Business & Economics
ISBN : 0521070937

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Applied General Equilibrium Analysis by Herbert E. Scarf,John B. Shoven Pdf

This book presents a collection of articles on applied general equilibrium analysis by major contributors to this field. This rapidly expanding method of analysis involves the use of computers to study entire economies and the interrelationships among firms, households and governments in these economies. There are also articles on the particular computational techniques involved in the numerical estimation of these equilibrium models and on several particular applications. Papers deal with the United States, Mexican and Australian economies. Other chapters provide an analysis of long-run energy problems, fiscal federalism and economic planning.

Author : J. C. Baldry
Publisher : Lawbook Company
Page : 248 pages
File Size : 41,8 Mb
Release : 1980
Category : Equilibrium (Economics).
ISBN : UOM:49015000899337

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General Equilibrium Analysis by J. C. Baldry Pdf

Good,No Highlights,No Markup,all pages are intact, Slight Shelfwear,may have the corners slightly dented, may have slight color changes/slightly damaged spine.