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Springer Texts in Business and Economics

Applied General Equilibrium

An Introduction

Authors: Cardenete, Manuel Alejandro, Guerra, Ana-Isabel, Sancho, Ferran

  • Provides step-by-step procedure for building empirically oriented large-scale economic models
  • Facilitates quick learning by isolating problems and providing solutions in an incremental manner
  • Integrates basic modelling tips with data handling to give empirical background to economic models
  • Software code will be included in text format along the chapters (Required GAMS software available at no cost
  • Incorporates practical economic policy issues with sensible interpretation of results in terms of micro, macro and welfare indicators
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eBook $74.99
price for USA
  • ISBN 978-3-642-24746-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Download immediately after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-642-24745-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • ISBN 978-3-642-44602-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

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.

About the authors

M.Alejandro Cardenete is Ph.D in Economics from the University of Huelva and an Associate Professor of Economics at the department of Economics of Universidad Pablo de Olavide, in Seville, Spain. He has published scholarly articles in international journals such as Ecological Economics, Environment and Planning -A, Journal of Industrial Ecology, among others. His full CV and contact data can be seen online: http://www.macardenete.com Ana-Isabel Guerra is Ph.D in Economics from the Universidad Autónoma de Barcelona and an Assistant Professor of Economics at the department of Economics of Universidad Pablo de Olavide, in Seville, Spain. She has published research articles in Energy Economics, Energy Policy, among others. Her full CV is online here: http://works.bepress.com/ana-isabel_guerra/ Ferran Sancho is Professor of Economics at the department of Economics at the Universidad Autónoma de Barcelona. His publication have appeared in International Economic Review, European Economic Review, Review of Economics and Statistics, Economic Theory, among others. His full CV is online here: http://works.bepress.com/ferran_sancho/

Reviews

From the reviews:

“The authors’ aim is to provide readers with the tools needed to construct their own models. I applaud them for their success. After reading the book, students should be able to build an AGE model because they will have gained an understanding of its internal logic. … this is a very useful book that should be on the shelf of any student of AGE modeling. … Even the most complicated issues are tackled in an easy-to-understand way, which makes the book quite accessible.” (María Teresa Álvarez-Martínez, The Review of Regional Studies, Vol. 42 (1), 2012)

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Table of contents (7 chapters)

  • Introduction

    Cardenete, Manuel Alejandro (et al.)

    Pages 1-3

  • An Overview of General Equilibrium Theory

    Cardenete, Manuel Alejandro (et al.)

    Pages 5-20

  • A Simple General Equilibrium Model

    Cardenete, Manuel Alejandro (et al.)

    Pages 21-39

  • A General Equilibrium Model with a Government Sector

    Cardenete, Manuel Alejandro (et al.)

    Pages 41-66

  • Further Extensions of the Model: External Sector, Labor Market and Consumption Technology

    Cardenete, Manuel Alejandro (et al.)

    Pages 67-76

Buy this book

eBook $74.99
price for USA
  • ISBN 978-3-642-24746-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Download immediately after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-642-24745-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • ISBN 978-3-642-44602-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Applied General Equilibrium
Book Subtitle
An Introduction
Authors
Series Title
Springer Texts in Business and Economics
Copyright
2012
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-24746-0
DOI
10.1007/978-3-642-24746-0
Hardcover ISBN
978-3-642-24745-3
Softcover ISBN
978-3-642-44602-3
Series ISSN
2192-4333
Edition Number
1
Number of Pages
X, 118
Topics