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- W2073241011 abstract "Abstract The macroeconometric (ME) and computable general equilibrium (CGE) models can be considered the cornerstones of the spectrum of quantitative models used today for macroeconomic policy analysis. In the paper we design two small-scale models (an ME and a CGE model) in such a manner that they are representative of their large-scale counterparts, estimate them on a common database, and attempt a systematic comparative assessment of their simulation properties. We suggest various possibilities for use in policy analysis that explore and combine the results of both models." @default.
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- W2073241011 date "1990-09-01" @default.
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- W2073241011 title "An empirical assessment of macroeconometric and CGE approaches in policy modeling" @default.
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- W2073241011 doi "https://doi.org/10.1016/0161-8938(90)90013-5" @default.
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