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Macroeconomics, financial variables, and computable general equilibrium models

Sherman Robinson
- 01 Nov 1991 - 
- Vol. 19, Iss: 11, pp 1509-1525
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TLDR
In this article, a survey of micro-macro computable general equilibrium (CGE) models that incorporate asset markets and product and factor markets is presented, and the theoretical problems such models face in reconciling micro-focused CGE models with macro models incorporating dynamic behavior.
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This article is published in World Development.The article was published on 1991-11-01. It has received 180 citations till now. The article focuses on the topics: Computable general equilibrium & Financial modeling.

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Citations
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A standard computable general equilibrium (CGE) model in GAMS

TL;DR: In this paper, the authors present a CGE model for developing countries, including household consumption of non-marketed (or "home") commodities, explicit treatment of transaction costs for commodities that enter the market sphere, and a separation between producing activities and commodities that permits any activity to produce multiple commodities and any commodity to be produced by multiple activities.
Book

Evaluating the Impact of Development Projects on Poverty: A Handbook for Practitioners

Judy L. Baker
TL;DR: In this article, the authors present a handbook aimed at providing project managers and policy analysts with the tools needed for evaluating project impact, which is particularly critical in developing where resources are scarce and every dollar spent should aim to maximize its impact on poverty reduction.
Book

Introduction to Computable General Equilibrium Models

TL;DR: The CGE model database as discussed by the authors contains a social accounting matrix for the United States, 2004 $US billions and a CGE Modeling Exercise Answer Key (ECE) model.
Journal ArticleDOI

The economic impact of tourism in SIDS

TL;DR: In this paper, the authors compared the economic impact of tourism to seven small island developing countries (SIDS) and found that the transportation sector remains a key sector and that tourism generates a large amount of economic activity but the income that remains in the destinations is often very small.
References
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A Theory of Demand for Products Distinguished by Place of Production (Une théorie de la demande de produits différenciés d'après leur origine) (Una teoría de la demanda de productos distinguiéndolos según el lugar de producción)

TL;DR: In this article, Solow et al. present an approach for the analysis of the variation of a flux commercial particulier entre pays in the context of recherche.
Book

General equilibrium models for development policy

TL;DR: A comprehensive survey of multisector, economy-wide planning models weighing their power to address issues of trade, distribution, growth, and structural change is presented in this paper, where the authors combine theoretical discussion of the properties of applied equilibrium models with numerical applications to particular countries, and problems.

Applied General Equilibrium Models of Taxation and International Trade

TL;DR: The authors acknowledge the help of three referees and of John Pencavel on several earlier drafts, as well as the assistance of the modelers whose work is referred to in the paper.
Posted Content

Applied General-Equilibrium Models of Taxation and International Trade: An Introduction and Survey

TL;DR: The authors acknowledge the help of three referees and of John Pencavel on several earlier drafts, as well as the assistance of the modelers whose work is referred to in the paper.