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  1. 2 Przegląd Statystyczny

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  1. 2 Dintcheva-Bis D.

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  1. 2 2006

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APPLICATION OF TOBIN'S 'Q' IN A DYNAMIC GENERAL EQUILIBRIUM MODEL

100%
Dintcheva-Bis D.
Przegląd Statystyczny
|
2006
|
vol. 53
|
issue 4
82-101
EN
The paper presents a deterministic version of dynamic general equilibrium model of an open economy based on intertemporal consumption and investment optimization by representative agents. The authoress derives the intertemporal conditions for the optimal value of the ratio of investment relative to the existing capital stock on the base of the marginal value of tax-adjusted Tobin's 'q'
2

DYNAMIC GENERAL EQUILIBRIUM MODEL OF POLISH ECONOMY. ESTIMATION OF SOME PARAMETERS

100%
Dintcheva-Bis D.
Przegląd Statystyczny
|
2006
|
vol. 53
|
issue 4
58-81
EN
The paper presents the equations and the results of estimations of some parameters of a discrete version of dynamic general equilibrium model for the Polish economy. The authoress estimates some elasticity parameters of the forty-two equation model on the basis of econometric models and the quarterly statistical data for the years 1996-2002
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