Two algorithms for solving the Walrasian equilibrium inequalities

We propose two algorithms for deciding if theWalrasian equilibrium inequalities are solvable. These algorithms may serve as nonparametric tests for multiple calibration of applied general equilibrium models or they can be used to computecounterfactual equilibria in applied general equilibrium models defined by the Walrasian equilibrium inequalities.

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Year of publication:	2006
Authors:	Brown, Donald J. ; Kannan, Ravi
Publisher:	New Haven, CT : Yale University, Economic Growth Center
Subject:	Applied general equilibrium analysis \| Walrasian equilibrium inequalities \| calibration

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Series:	Center Discussion Paper ; 945
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	593313380 [GVK] hdl:10419/26985 [Handle] RePEc:egc:wpaper:945 [RePEc]
Classification:	C63 - Computational Techniques ; C68 - Computable General Equilibrium Models ; D51 - Exchange and Production Economies ; D58 - Computable and Other Applied General Equilibrium Models
Source:	EconStor

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010264869