Modelling Intertemporal General Equilibrium: Appendix

Abstract: This extended appendix refers to our paper "Modelling Intertemporal General Equilibrium: An Application to Austrian Commercial Policy". We present a detailed analysis of the household sector consisting of overlapping generations with lifetime uncertainty. Furthermore, we prove Walras' Law...

Ausführliche Beschreibung

Bibliographische Detailangaben
Link(s) zu Dokument(en):IHS Publikation
Hauptverfasser: Keuschnigg, Christian, Kohler, Wilhelm
Format: IHS Series NonPeerReviewed
Sprache:Englisch
Veröffentlicht: Institut für Höhere Studien 1992
Beschreibung
Zusammenfassung:Abstract: This extended appendix refers to our paper "Modelling Intertemporal General Equilibrium: An Application to Austrian Commercial Policy". We present a detailed analysis of the household sector consisting of overlapping generations with lifetime uncertainty. Furthermore, we prove Walras' Law and discuss the computation of stationary solutions of the computable equilibrium model. We report on the adjustments to the raw data of the Austrian economy which are necessary to yield a microconsistent data base suitable for calibration of an intertemporal equilibrium model. This appendix also includes additional calibration results and documents data as well as parameter values not reported in the main text. Finally, we provide a list of variable definitions to facilitate the reading of the model.;