| Autor: |
Harrison, W. Jill, Pearson, K. R., Powell, Alan A., Small, E. John |
| Rok vydání: |
2017 |
| Předmět: |
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| DOI: |
10.4225/03/5938c285974e9 |
| Popis: |
General equilibrium models are usually represented as a system of levels equations (e.g. in North America) or a system of linearized equations (e.g. in Australia). Either representation can be used to obtain accurate solutions. General-purpose software is available in both cases — GAMS or MPS/GE for levels modellers and GEMPACK for linearizers. Some equations (notably accounting identities) are naturally expressed in the levels while others (especially behavioural equations) are naturally expressed in a linearized form. This paper describes the new GEMPACK facility for solving models represented as a mixture of levels and linearized equations and discusses the advantages to modellers of using such a representation. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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