Computational General Equilibrium Analysis and Economic Reasoning
This paper complements and extends an article by FELDER and SCHLEINIGER (FS) previously published in this journal. We show that the results of FS depend crucially on parameter values. Furthermore we perform simulations of optimal tax reforms in the context of the FS-framework, differentiating between public finance and ecological aspects. More generally, our paper stresses the need for more economic reasoning in computational economics.
Volume (Year): 133 (1997)
Issue (Month): II (June)
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