Haveman / Hollenbeck Sectoral, Regional, and General Equilibrium Models

1. Auflage 2013
ISBN: 978-1-4832-6415-8
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 316 Seiten, Web PDF

Microeconomic Simulation Models for Public Policy Analysis, Volume 2: Sectoral, Regional, and General Equilibrium Models is a collection of papers presented at a conference of the same title held in Washington, D.C. in March 1978. This volume deals with economic equilibrium models. This collection also discusses micro data models of the macroeconomy that include policy explorations concerning the transaction model of the American economy. One paper reviews the experiments with fiscal policy parameters from a micro to a macro model related to the Swedish economy: this model analyzes inflation at the micro market level, as well as the interactions between profits, investments, inflation, and growth. Another paper analyzes alternative plans for corporate and income tax integration in the United States: the model used shows that integration of personal and corporate income taxes can yield revenues of $6 billion. As regards rehabilitating central city housing issues, one author present a simulation model which shows that rehabilitation of the existing housing inventory can only produce small net gains over time. To have larger gains, the model shows that net increase in demand for housing should also follow. This book can prove useful for economists, sociologists and officials involved in community development and in the public sector.

Autoren/Hrsg.

Haveman, Robert H.

Hollenbeck, Kevin

Inhaltsverzeichnis

1;Front Page;1
2;Sectoral, Regional, and General Equilibrium Models;4
3;Copyright Page;5
4;Table of Contents;8
5;Dedication;6
6;LIST OF TABLES;12
7;LIST OF CONTRIBUTORS;16
8;PREFACE;20
9;ACKNOWLEDGMENTS;25
10;CONTENTS OF VOLUME 1;28
11;PART I: MICRODATA MODELS OF THE MACROECONOMY;30
11.1;Chapter 1. POLICY EXPLORATIONS WITH THE TRANSACTIONS
MODEL OF THE U.S. ECONOMY;32
11.1.1;A SHORT DESCRIPTION OF THE TRANSACTIONS MODEL;32
11.1.2;FITTING THE MODEL TO DATA FOR 1973-1975;51
11.1.3;SIMULATIONS OF THE EFFECTS OF POLICY CHANGES;58
11.1.4;FUTURE DIRECTIONS FOR RESEARCH
WITH THE TRANSACTIONS MODEL;67
11.1.5;DISCUSSION;68
11.2;Chapter 2. EXPERIMENTS WITH FISCAL POLICY PARAMETERS ON A MICRO TO MACRO MODEL OF
THE SWEDISH ECONOMY;78
11.2.1;INTRODUCTION;78
11.2.2;THE MODEL;79
11.2.3;TAXES, BUSINESS-CYCLE POLICY AND INDUSTRIAL STRUCTURE:
APPLICATIONS OF THE SWEDISH MICRO TO MACRO MODEL;97
11.2.4;CONCLUSIONS AND PLANS FOR THE FUTURE;115
11.2.5;DISCUSSION;117
11.3;Chapter 3. CORPORATE AND PERSONAL TAX INTEGRATION IN THE UNITED STATES:
SOME PRELIMINARY FINDINGS;126
11.3.1;INTRODUCTION;126
11.3.2;OBJECTIVES OF TAX INTEGRATION AND
THE GENERAL EQUILIBRIUM APPROACH;127
11.3.3;A GENERAL EQUILIBRIUM MODEL OF
THE U.S. ECONOMY AND TAX SYSTEM;130
11.3.4;REPRESENTING THE TAX INTEGRATION PLANS
IN MODEL EQUIVALENT FORM;142
11.3.5;RESULTS;147
11.3.6;CONCLUSION;153
11.3.7;DISCUSSION;154
12;PART II: MICRODATA MODELS WITH REGIONAL AND/OR SECTORAL IMPACTS;164
12.1;Chapter 4. A MICROECONOMIC SIMULATION MODEL FOR ANALYZING THE REGIONAL AND DISTRIBUTIONAL EFFECTS OF TAX-TRANSFER POLICY: AN ANALYSIS OF THE PROGRAM FOR BETTER JOBS AND INCOME;166
12.1.1;INTRODUCTION;166
12.1.2;THE STRUCTURE OF THE SIMULATION MODEL;167
12.1.3;THE PROGRAM FOR BETTER JOBS AND INCOME–THE BASIS FOR ANALYSIS;169
12.1.4;SOME POLICY IMPLICATIONS;179
12.1.5;CAVEATS AND FUTURE DIRECTIONS OF RESEARCH;180
12.1.6;APPENDICES;182
12.1.6.1;APPENDIX A: THE DETAILED STRUCTURE OF THE MICROECONOMIC SIMULATION MODEL FOR ANALYZING THE REGIONAL AND DISTRIBUTIONAL EFFECTS OF
TAX-TRANSFER POLICY;182
12.1.6.2;APPENDIX B: SIMULATED STATE SUPPLEMENTATION
UNDER THE PROGRAM FOR BETTER JOBS AND INCOME;188
12.1.7;DISCUSSION;192
12.2;Chapter 5. REHABILITATING CENTRAL-CITY HOUSING: SIMULATIONS
WITH THE URBAN INSTITUTE HOUSING MODEL;200
12.2.1;INTRODUCTION;200
12.2.2;THE MODEL;201
12.2.3;DATA BASES UNDERLYING THE MODEL;209
12.2.4;SIMULATING REHABILITATION PROGRAMS;215
12.2.5;SUMMARY, CONCLUSIONS, AND IMPLICATIONS;232
12.2.6;DISCUSSION;233
12.3;Chapter 6. IDIOM: A DISAGGREGATED POLICY-IMPACT MODEL
OF THE U.S. ECONOMY;242
12.3.1;INTRODUCTION;242
12.3.2;IMPLEMENTING THE MODEL;248
12.3.3;DIRECTIONS OF SUBSTANTIVE MODEL DEVELOPMENT;250
12.3.4;AN APPLICATION TO MILITARY EXPORT POLICY
AND COMPENSATORY ALTERNATIVES;253
12.3.5;APPENDIX: A MATHEMATICAL DESCRIPTION OF IDIOM;261
12.3.6;DISCUSSION;272
13;PART III: AN APPRAISAL OF MICRODATA SIMULATION MODELS;280
13.1;Chapter 7. MICRODATA SIMULATION:
CURRENT STATUS, PROBLEMS, PROSPECTS;282
14;REFERENCES;296
15;INDEX;312
16;Institute for Research on Poverty
Monograph Series;316