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- Title
Introduction to the Symposium: The discipline of applied general equilibrium.
- Authors
Kehoe, Timothy J.; Prescott, Edward C.
- Abstract
The use of general equilibrium models in applied research imposes a discipline in which model structures can easily be compared and contrasted and model results can be interpreted using a well understood and rigorously developed theoretical framework. These features allow researchers to compare results across modeling efforts and to build on the experience of others in deriving results and formulating questions. This paper first presents a brief critical history of applied general equilibrium analysis. It then summarizes the contributions of eight other papers in this issue.
- Subjects
UNITED States; ECONOMETRIC models; ECONOMIC equilibrium; ECONOMIC models; CONFERENCES &; conventions; ECONOMIC research; PRODUCTION (Economic theory); CONSUMERS
- Publication
Economic Theory, 1995, Vol 6, Issue 1, p1
- ISSN
0938-2259
- Publication type
Article
- DOI
10.1007/BF01213938