Abstract:
Our general goal in this paper is to show how to implement in GAMS standard deterministic nonlinear macro models, and stochastic linear macro models with rational expectations. We will also present basic concepts on solution methods and policy analysis for these kinds of models. As a practical illustration, we will use some well known teaching and experimental models in the macroeconomic literature. Citation Copyright 1998 by Kluwer Academic Publishers.
Related works: Working Paper: Teaching Macroeconomics with Gams (1997) This item may be available elsewhere in EconPapers: Search for items with the same title.