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The specification, estimation and simulation of a small global macroeconomic model

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  • Malley, James R.
  • Bell, David
  • Foster, John

Abstract

This report describes the structure and simulation properties of a small global macroeconomic model (SGM). Simulation experiments comparing SGM results with those of other world models suggest that SGM is a viable tool for macroeconomic policy analysis.
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Suggested Citation

  • Malley, James R. & Bell, David & Foster, John, 1991. "The specification, estimation and simulation of a small global macroeconomic model," Economic Modelling, Elsevier, vol. 8(4), pages 546-559, October.
  • Handle: RePEc:eee:ecmode:v:8:y:1991:i:4:p:546-559
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    Cited by:

    1. Hanson, Kenneth & Robinson, Sherman & Tokarick, Stephen, 1990. "U.S. Adjustment in the 1990's: A CGE Analysis of Alternative Trade Strategies," Staff Reports 278325, United States Department of Agriculture, Economic Research Service.
    2. Robinson, Sherman & Kilkenny, Maureen & Hanson, Kenneth, 1990. "The USDA/ERS Computable General Equilibrium (CGE) Model of the United States," Staff Reports 278341, United States Department of Agriculture, Economic Research Service.

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