CALIBRATION OF SOME PARAMETERS AND VARIABLES IN THE DYNAMIC GENERAL EQUILIBRIUM MODEL OF POLISH ECONOMY

• Authors: Dintcheva-Bis D.
• Languages of publication: PL

Abstracts

EN

The model described in earlier papers is applied to approximate the Polish economy by calibration of the parameter's and variable's values reflecting mainly the situation in the base-year 2000. The calibration method applies not only benchmark dataset but also the previous theoretical analysis of the equilibrium state. The results of two types of deterministic simulation experiments are presented in the paper. The simulation results confirm the usefulness of the constructed forty-two equation model for analyzing the effects of changes in relative prices

Keywords

EN

CALIBRATION; EQUILIBRIUM STATE; GENERAL EQUILIBRIUM MODEL

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Główny Urząd Statystyczny
• Journal: Przegląd Statystyczny
• Year: 2006
• Volume: 53
• Issue: 4
• Pages: 102-121
• Document type: ARTICLE

Contributors

author

Dintcheva-Bis D.

• D. Dintcheva-Bis, ul. Dunajec 18, 92-008 Lódz, Poland

Identifiers

CEJSH db identifier

07PLAAAA02204655