The Maxwell School

Syracuse University

Syracuse University

- What Is a CGE Model?
- There is no single definition but this page discusses a number of key characteristics generally shared by CGE models.
- Model Design
- How to design an appropriate model for a given task. Choosing the number and type of agents; modeling the behavior of households and firms.
- Data and Parameterization
- Estimating the values of behavioral parameters.
- Solution Methods
- Numerical methods and software for solving large general equilibrium models.
- Testing
- Verifying that a new model is working correctly.
- Demonstration Models
- Examples of small models used to illustrate particular interactions or principles.
- Production Models
- Links to information about some actual models used for policy analysis.
- Conducting Simulations
- Design of policy simulations and analysis of model results. Explaining results intuitively; avoiding circular explanations.
- Confidence Intervals
- Computing confidence intervals for CGE results.
- Survey of Applications
- A collection of references to papers using CGE models. Topics include: public finance; energy and environmental policy; international trade; regional analysis; economic history.
- General References
- Useful references on intertemporal optimization, numerical methods and differential equations.

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URL: https://wilcoxen.maxwell.insightworks.com/pages/371.html

Peter J Wilcoxen, The Maxwell School, Syracuse University

Revised 03/04/2005

URL: https://wilcoxen.maxwell.insightworks.com/pages/371.html

Peter J Wilcoxen, The Maxwell School, Syracuse University

Revised 03/04/2005