The objective of this study is the construction of a model of general economic equilibrium for the Italian economy with special reference to the agricultural and agroindustrial sector. The model has been constructed with the aim of assessing, both “ex ante” and “ex post”, the impact of economic policies on the behaviour of businesses and consumers and on the distribution of income. The model, denominated MEG-Ismea in reference to the institution that commissioned the research, has been developed with a micro-macro approach that allows zooming in from the macro to the micro level and zooming out in the opposite direction, maintaining the coherence between the aggregate behaviour of the representative agent and the heterogeneous behaviour of the agents in the marketplace.
Construction and simulation of the general economic equilibrium model Meg-Ismea for the italian economy
POLINORI, Paolo;
2005
Abstract
The objective of this study is the construction of a model of general economic equilibrium for the Italian economy with special reference to the agricultural and agroindustrial sector. The model has been constructed with the aim of assessing, both “ex ante” and “ex post”, the impact of economic policies on the behaviour of businesses and consumers and on the distribution of income. The model, denominated MEG-Ismea in reference to the institution that commissioned the research, has been developed with a micro-macro approach that allows zooming in from the macro to the micro level and zooming out in the opposite direction, maintaining the coherence between the aggregate behaviour of the representative agent and the heterogeneous behaviour of the agents in the marketplace.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.