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MAMS – A Computable General Equilibrium Model for Developing Country Strategy Analysis

In: Handbook of Computable General Equilibrium Modeling

Author

Listed:
  • Lofgren, Hans
  • Cicowiez, Martin
  • Diaz-Bonilla, Carolina

Abstract

This chapter presents MAMS (Maquette for MDG Simulations), a recursive-dynamic CGE model developed at the World Bank for analysis of medium- to long-run country strategies for low- and middle-income countries, including strategies aimed at improving MDG (Millennium Development Goals) outcomes. Compared to other CGE models, MAMS offers a unique combination of new and policy-relevant features, most importantly disaggregation of the government services by function, broad and integrated coverage of MDGs and endogenous links between education and the labor market. The chapter provides a detailed description of MAMS, the policy insights that it has generated, exemplified by a case study of Yemen and the lessons learned from developing and applying MAMS to a large number of countries.

Suggested Citation

  • Lofgren, Hans & Cicowiez, Martin & Diaz-Bonilla, Carolina, 2013. "MAMS – A Computable General Equilibrium Model for Developing Country Strategy Analysis," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 159-276, Elsevier.
  • Handle: RePEc:eee:hacchp:v:1:y:2013:i:c:p:159-276
    DOI: 10.1016/B978-0-444-59568-3.00004-3
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    More about this item

    Keywords

    Computable general equilibrium model; millennium development goals; human development; fiscal policy;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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