Empirical Models of General Economic Equilibrium

The article considers possibilities and limitations of empirical models of general economic equilibrium and gives their classification. The author divides computable models of general economic equilibrium into two groups: the first one is based on a model of equilibrium prices (G. Scarf’s approach)...

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Bibliographic Details
Main Author: Dmitriy Aleksandrovich Izotov
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2014-06-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/3_2014/SE.2014.3.138-167.Izotov.pdf