An independent assessment of the SALTER General Equilibrium Model of the world economy
SALTER working paper 8
This paper by Thomas Hertel is working paper 8 for the SALTER model of the world economy.
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An independent assessment of the SALTER General Equilibrium Model of the world economy (1.1 MB)Contents
I Overview and Purpose of the Review
II Overall Contribution of the Work
III Review of Model Structure - Broad Issues
A Model Coverage
B Preferences
C Technology
D Behavioural Assumptions
E Factor Mobility
F Model Closure
G Treatment of Policy Interventions
IV Data Base - General Comments
V Overall Assessment
References
Appendix Notes on Introducing Product Differentiation by Firm and Monopolistic Competition into the SALTER Model
