RunMONASH: Automating A Dynamic, Recursive CGE Model
AbstractRunMONASH, a software program, written by Ken Pearson, is used to solve the CGE model, MONASH. RunMONASH produces a base case forecast for a set of years in sequence. In response to some additional policy shocks, RunMONASH calculates a policy deviation from this base case, again for the same sequence of years. This paper outlines the reasons for writing RunMONASH and the basic ideas of the solution method. It gives an overview of the dynamic CGE models for which RunMONASH can be used. A brief introduction to the Screen interface is included. However, the main documentation of RunMONASH is the Online Help file that accompanies the software.
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Bibliographic InfoPaper provided by Victoria University, Centre of Policy Studies/IMPACT Centre in its series Centre of Policy Studies/IMPACT Centre Working Papers with number c14.
Date of creation: Oct 2003
Date of revision:
dynamic CGE model; GEMPACK software;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
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- Peter B. Dixon & K.R. Pearson & Mark R. Picton & Maureen T. Rimmer, 2002. "Rational Expectations for Large Models: A Practical Algorithm and a Policy Application," Centre of Policy Studies/IMPACT Centre Working Papers ip-81, Victoria University, Centre of Policy Studies/IMPACT Centre.
- Philip D. Adams & J. Mark Horridge & Brian R. Parmenter, 2000. "MMRF-GREEN: A Dynamic, Multi-Sectoral, Multi-Regional Model of Australia," Centre of Policy Studies/IMPACT Centre Working Papers op-94, Victoria University, Centre of Policy Studies/IMPACT Centre.
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