Macro-economy - TIAM-UCL

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Model Documentation - TIAM-UCL

    Corresponding documentation
    Previous versions
    Model information
    Model link
    Institution University College London (UCL), UK, https://www.ucl.ac.uk.
    Solution concept Partial equilibrium (price elastic demand)
    Solution method Linear optimisation
    Anticipation Perfect Foresight

    (Stochastic and myopic runs are also possible)

    The Macroeconomy is represented by linking TIAM-UCL with MSA to allow consideration of the rest of the economy beyond energy i.e. general not partial equilibrium, and endogenises demand changes.