Two Algorithms for Solving the Walrasian Equilibrium Inequalities

We propose two algorithms for deciding if the Walrasian 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 compute counterfactual equilibria in applied general equilibrium models defined by the Walrasian equilibrium inequalities.

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Year of publication:	2005-04
Authors:	Brown, Donald J. ; Kannan, Ravi
Institutions:	Cowles Foundation for Research in Economics, Yale University
Subject:	Applied general equilibrium analysis \| Walrasian equilibrium inequalities \| Calibration

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Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The price is None Number 1508R 9 pages
Classification:	C63 - Computational Techniques ; C68 - Computable General Equilibrium Models ; D51 - Exchange and Production Economies ; D58 - Computable and Other Applied General Equilibrium Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005464066