Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues.
This paper discusses how a consistent treatment of asset markets may be integrated into standard trade-focussed CGE models. Starting from a core specification of the real economy, calibrated to data for Zambia in the mid-1990s, the paper examines the properties of a hierarchy of models which differ...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
1998
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| _version_ | 1826302246177996800 |
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| author | Adam, C Bevan, D |
| author_facet | Adam, C Bevan, D |
| author_sort | Adam, C |
| collection | OXFORD |
| description | This paper discusses how a consistent treatment of asset markets may be integrated into standard trade-focussed CGE models. Starting from a core specification of the real economy, calibrated to data for Zambia in the mid-1990s, the paper examines the properties of a hierarchy of models which differ only in the specification of asset markets but subject to a common (negative) temporary fiscal shock. |
| first_indexed | 2024-03-07T05:44:39Z |
| format | Working paper |
| id | oxford-uuid:e6cc4faa-f345-4ba9-9d88-248bf24ce38e |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T05:44:39Z |
| publishDate | 1998 |
| publisher | Department of Economics (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:e6cc4faa-f345-4ba9-9d88-248bf24ce38e2022-03-27T10:33:38ZCosts and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:e6cc4faa-f345-4ba9-9d88-248bf24ce38eEnglishDepartment of Economics - ePrintsDepartment of Economics (University of Oxford)1998Adam, CBevan, DThis paper discusses how a consistent treatment of asset markets may be integrated into standard trade-focussed CGE models. Starting from a core specification of the real economy, calibrated to data for Zambia in the mid-1990s, the paper examines the properties of a hierarchy of models which differ only in the specification of asset markets but subject to a common (negative) temporary fiscal shock. |
| spellingShingle | Adam, C Bevan, D Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title | Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title_full | Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title_fullStr | Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title_full_unstemmed | Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title_short | Costs and Benefits of Incorporating Asset Markets into CGE Models: Evidence and Design Issues. |
| title_sort | costs and benefits of incorporating asset markets into cge models evidence and design issues |
| work_keys_str_mv | AT adamc costsandbenefitsofincorporatingassetmarketsintocgemodelsevidenceanddesignissues AT bevand costsandbenefitsofincorporatingassetmarketsintocgemodelsevidenceanddesignissues |