Macro-economy - EPPA: Difference between revisions

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EPPA is a Arrow-Debreu type of model that is the basis of the general equilibrium theory.
Each period of EPPA forms a Arrow-Debreu type of model that is the basis of the general equilibrium theory. The recursive structure connects periods together through the evolution of endowments.


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{{ModelDocumentationTemplate

Revision as of 16:11, 3 August 2022

Each period of EPPA forms a Arrow-Debreu type of model that is the basis of the general equilibrium theory. The recursive structure connects periods together through the evolution of endowments.

Alert-warning.png Note: The documentation of EPPA is 'in preparation' and is not yet 'published'!

Model Documentation - EPPA

Corresponding documentation
Previous versions
No previous version available
Model information
Model link
Institution Massachusetts Institute of Technology (MIT), USA, https://globalchange.mit.edu/.
Solution concept General equilibrium (closed economy)
Solution method Optimization
Anticipation