Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. General equilibrium theory, or Walrasian ...
We present a general equilibrium model of the new neoclassical synthesis that has the same level of generality as the Arrow-Debreu model. This involves a stochastic multi-period economy with a ...
Explore John R. Hicks' impact on economics, including his Nobel-winning work in general equilibrium and welfare theory, and ...
The American Journal of Economics and Sociology, Vol. 59, No. 2 (Apr., 2000), pp. 315-333 (19 pages) Using a general equilibrium model that is completely free of macroeconomic aggregates, this paper ...
This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The paper presents a simple supply side, general equilibrium model to estimate the macroeconomic effects of labor tax cuts.
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