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GEM-PIA: A real-financial general equilibrium model for poverty impact analysis technical description

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dc.creator Wiebelt, Manfred
dc.date 2004
dc.date.accessioned 2013-10-16T06:06:10Z
dc.date.available 2013-10-16T06:06:10Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3413
dc.identifier ppn:476696798
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3413
dc.description This paper provides a technical description of GEM-PIA, a recursive-dynamic computable General Equilibrium Model for Poverty Impact Analysis in individual countries. The model combines the optimizing behavior of CGE models with the asset portfolio behavior of macromodels, thereby addressing the role of financial markets. Moreover, the model is linked to household survey information, thereby capturing the socio-economic characteristics of individual households. GEM-PIA can be used for counterfactual analysis of external shocks as well as various policies at the macro and meso level, and to assess their allocational and distributional consequences. The model is calibrated to Bolivian data and its working is illustrated in two scenarios: A permanent rise of gas exports and a temporary devaluation.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1230
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject R23
dc.subject G11
dc.subject O1
dc.subject C68
dc.subject ddc:330
dc.subject Computable General Equilibrium Model
dc.subject Portfolio Choice
dc.subject Income Distribution
dc.subject Poverty
dc.subject Bolivia
dc.subject Allgemeines Gleichgewicht
dc.subject Armut
dc.subject Einkommensverteilung
dc.subject Portfolio-Management
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Schock
dc.subject Theorie
dc.subject Bolivien
dc.title GEM-PIA: A real-financial general equilibrium model for poverty impact analysis technical description
dc.type doc-type:workingPaper


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