Sentences with phrase «doing general equilibrium»

Even microeconomic models are bad shape; most of the major hypotheses get rejected when doing general equilibrium tests.

But Jack Mintz was doing general equilibrium analysis (or general disequilibrium, because he held prices fixed!).

Both do general equilibrium analysis, trying to understand the interaction between parts of a whole system, with lots of positive and / or negative feedback loops.

Not exact matches

The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit institutional variation that does not exist within countries; draw on much larger variation than usually available within any country; reveal whether any result is country - specific or more general; test whether effects are systematically heterogeneous in different settings; circumvent selection issues that plague within - country identification by using system - level aggregated measures; and uncover general - equilibrium effects that often elude studies in a single country.

If you're a sim fan in general, I think you'll enjoy Block» hood; you're still sitting waiting for your city to generate enough money to do the next thing you want to do sometimes, but at the very least there's a challenge here to maintain some kind of ecological equilibrium... and you'll get a little bit of a moral high the next time you recycle.

Not only do you («you» as in Victor and not the general you, because I presume there are people who actually model these things and may know the answer) not know how large the equilibrium response would be, but you don't know if the boundary proposed by your argument (cognate to the equilibrium response) had been reached over that period.

I'm not a modeller, though I did some economic modelling from 1966 and later directed a computable general equilibrium modelling team and commissioned modelling.

Another possibility is that the exchange would continue only until the new, combined wire - gas system reached its own equilibrium, in which we would not in general expect the gas to exhibit the same mean - molecular - kinetic energy profile it did when it was isolated.

As conceived thus far, the computational general equilibrium models designed for economic trade do not adequately incorporate the processes of land - use change.

Nic Lewis in the post at BishopHill does a very nice empirically based sensitivity analysis following the general methodology of the Gregory et al (2002) heat balance change derived value of the equilibrium climate sensitivity, determining a value of ECS of 1.6 - 1.7 C.