The paper is concerned with the effectiveness of economic modeling. It argues that the key problems of economic modeling are the time and effort it takes to implement a model, the problems of detecting...
This paper reports on a new system called Hercules (High Level Economic Representation for the Construction and Use of Large Economy wide Systems), for developing multisectoral models. Hercules permits...
The paper sets out, using the example of a small comparative static model of Thailand for 1980, an approach to macro-economic model building which is based on having two versions of a social accounting...
Nonlinear programming (NLP) algorithms are often designed for expert users and users from other fields can find them hard to work with. The paper argues that high level modeling systems can help researchers...
The paper presents a new approach for the formulation and implementation of economywide models. The approach uses extensively Social Accounting Matrices (SAM). It starts with the observation that each...
The paper presents CONOPT, an optimization system for static and dynamic large scale nonlinearly constrained optimization problems. The system is based on the GRG algorithm. All computations involving...
This 1983 article, Macroeconomic Adjustment in Thailand: Demand Management and Supply Conditions, was reprinted with permission from the Journal of Policy Modeling. Within the framework of a fix-price...
Within the framework of a four-sector macroeconomic model, comparative statics are used to assess alternative ways of macroeconomic adjustments in the Thai economy. Fiscal policy interventions, manipulations...
The time series processor (TSP) system developed at various universities in the United States is used by many universities and government offices to perform data manipulation, estimate econometric models...
This paper describes some algorithms for the following problem : given a nonlinear function defined as a black box, find which variables the function actually depends on (the set of active variables) and...