We report on computational experience with an implementation of three algorithms for the general economic equilibrium problem. As a result we get that the projection algorithm for variational inequalities increases the size of solvable models by a factor of 5-10 in comparison with the classical homotopy method. As a third approach we implemented a simulated annealing heuristic which might be su...

â â â â  â  abstract â  most debates about the role of tariff cuts on the level of employment and rate of wages in labor market have come out of well-known hecscher – ohlin and stopler – samuelson (hos) theorems. considering the fact that we have divided the workforce into skilled and unskilled labors the present paper assesses the impacts of tariff cuts on labor market indicators in iran. ...

This agent-based model uses the building blocks of a Computable General Equilibrium model, but instead of assuming equilibrium, it explicitly models the price formation and investment processes using money as the medium of exchange. This model gives us several insights that CGE models do not: first, we can check whether or not the results of the CGE models still hold without the equilibrium ass...

f or several decades, the selection of a proper tax base has been among the most serious concerns for the economic policy makers. the computable general equilibrium models analysis provides a comprehensive framework for the investigation of the effects of the adopted policies on the economy of a country. in the present study, using a static computable general equilibrium, the effects of tax re...