Computable general equilibrium (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE (applied general equilibrium) models.
Read more about Computable General Equilibrium: Overview, Comparative-static and Dynamic CGE Models, Solution Techniques
Famous quotes containing the words general and/or equilibrium:
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