Economics, Econometrics and Finance
4 years ago

Macroeconomic shifts could reshape global economies, new CGE modeling reveals

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RePEc: Research Papers in Economics
Macroeconomic drivers of baseline scenarios in dynamic CGE models: review and guidelines proposal
Jean Fouré, Angel Aguiar, Ruben Bibas, Jean Château, Shinichiro Fujimori, Julien Lefèvre, Marian Leimbach, Luis Rey-Los-Santos, Hugo Valin

Paper Summary

The article discusses how different factors like GDP growth and factor accumulation affect long-term economic models. It reviews methods used by 24 modeling teams and suggests guidelines for building accurate baselines in economic models.

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