Results 251 to 260 of about 918,098 (302)

Introduction to dynamic general equilibrium

Journal of Economic Theory, 2009
This introduces the symposium on dynamic general equilibrium. © 2009 Elsevier Inc. All rights reserved.
Lee E. Ohanian, Edward C. Prescott, Nancy L. Stokey   +2 more
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Dynamic Generalized Berge-Zhukovskii Equilibrium

2018
The Generalized Berge-Zhukovskii equilibrium extends the Berge-Zhukovskii equilibrium problem by introducing constraints over the set of strategy profiles. The new equilibrium is computed in a dynamic environment by using an evolutionary dynamic equilibrium tracking algorithm.
Noémi Gaskó, Mihai Suciu, Rodica Ioana Lung   +2 more
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Dynamics in General Equilibrium Theory

1980
I find myself something of an outsider in writing a paper like this; and for a mathematician to write a paper with no technical mathematics is a real (but very constructive) confrontation with the problem of communication. What I hope to achieve here is to convey some of my ideas on the relation between dynamics and the traditionally static, economic ...
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Growth in Dynamic General Equilibrium

2004
Abstract Characterizes general equilibrium interactions in a dynamic environment, focussing on the possibly endogenous growth behaviour of an economy in the long run. The treatment familiarizes readers with technical approaches and economic insights regarding the interplay of technology, preferences, market structure, externalities, and ...
Fabio-Cesare Bagliano, Giuseppe Bertola
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Dynamic General Equilibrium

2000
After considering the modern theory of one period competitive general equilibrium, studied in Ch.16, the aim of this chapter is to present some generalizations of that theory, in particular with reference to time dimension.1 In his book, Hicks (1939) had already considered some generalizations of one period general equilibrium theory, to introduce time
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Modelling Forestry in Dynamic General Equilibrium

2011
Adequately representing dynamic characteristics of land use change and forestry in computable general equilibrium models is challenging but essential if modellers are to provide credible assessments of policies that directly or indirectly influence these phenomena. In this paper, we show how a dynamic representation of planted or naturally regenerating
Lennox, James A., Turner, James A., Daigneault, Adam J., Jhunjhnuwala, K., Lennox, James A., Turner, James A., Daigneault, Adam J., Jhunjhnuwala, K.   +7 more
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General Equilibrium Dynamics of Multi-Sector Growth Models [PDF]

Journal of Economics, 2005
This paper analyzes Walrasian general equilibrium systems and calculates the static and dynamic solutions for competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical production technologies inN sectors (industries). The endogenous behavior of all the relative prices are analyzed in
Bjarne S. Jensen, Mogens E. Larsen
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Dynamic Identification of Dynamic Stochastic General Equilibrium Models

Econometrica, 2011
This paper studies dynamic identification of parameters of a dynamic stochastic general equilibrium model from the first and second moments of the data. Classical results for dynamic simultaneous equations do not apply because the state space solution of the model does not constitute a standard reduced form.
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PRICE DYNAMICS IN GENERAL EQUILIBRIUM EXPERIMENTS

Journal of Economic Surveys, 2013
AbstractGeneral equilibrium (GE) theory faces several related challenges. Classical theories of out‐of‐equilibrium adjustment are intuitive but implausibly centralized. Further, standard restrictions on individual preferences place little structure on aggregate excess demand functions.
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Money in Dynamic General Equilibrium

2000
Money is a social institution, whose major accepted functions are: a unit of account, a means of exchange, and a store of wealth.
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