Macroemesures in Computable General Equilibrium Models: a Probabilistic Treatment with an Application to Morocco

Touhami, A.; Martens, A.

dc.contributor.author	Touhami, A.
dc.contributor.author	Martens, A.
dc.date.accessioned	2008-01-24T14:27:59Z
dc.date.available	2008-01-24T14:27:59Z
dc.date.issued	1996
dc.identifier.uri	http://hdl.handle.net/1866/2045
dc.format.extent	1050120 bytes
dc.format.mimetype	application/pdf
dc.publisher	Université de Montréal. Département de sciences économiques.	fr
dc.subject	[JEL:D50] Microeconomics - General Equilibrium and Disequilibrium - General	en
dc.subject	[JEL:D57] Microeconomics - General Equilibrium and Disequilibrium - Input-Output Tables and Analysis	en
dc.subject	[JEL:D58] Microeconomics - General Equilibrium and Disequilibrium - Computable and Other Applied General Equilibrium Models	en
dc.subject	[JEL:D50] Microéconomie - Équilibre général et déséquilibre - Généralités	fr
dc.subject	[JEL:D57] Microéconomie - Équilibre général et déséquilibre - Analyses entrées-sorties	fr
dc.subject	[JEL:D58] Microéconomie - Équilibre général et déséquilibre - Modèles calculables et autres modèles d'équilibre général appliqué	fr
dc.title	Macroemesures in Computable General Equilibrium Models: a Probabilistic Treatment with an Application to Morocco
dc.type	Article
dc.contributor.affiliation	Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques
dcterms.abstract	With the help of an illustrative general equilibrium (CGE) model of the Moroccan Economy, we test for the significance of simulation results in the case where the exact macromesure is not known with certainty. This is done by computing lower and upper bounds for the simulation resukts, given a priori probabilities attached to three possible closures (Classical, Johansen, Keynesian). Our Conclusion is that, when there is uncertainty on closures several endogenous changes lack significance, which, in turn, limit the use of the model for policy prescriptions.
dcterms.isPartOf	urn:ISSN:0709-9231
UdeM.VersionRioxx	Version publiée / Version of Record
oaire.citationTitle	Cahier de recherche
oaire.citationIssue	9621

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