Computable general equilibrium modeling. Numerical simulations in a 2-country monetary general equilibrium model.
This paper presents the concept of numerical CGE modeling with the help of a 2-country general equilibrium model. In the framework of this simple dynamic monetary model the effects of a (unilateral) monetary and fiscal expansion are simulated. The exchange rate of the home vis-à-vis the foreign curr...
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Format: | Others |
Language: | en |
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Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
1999
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Online Access: | http://epub.wu.ac.at/70/1/document.pdf |