Document Type
Discussion Paper
Publication Date
6-1-2003
CFDP Number
1426R
CFDP Revision Date
2004-05-01
CFDP Pages
13
Abstract
We propose a nonparametric test for multiple calibration of numerical general equilibrium models, and we present an effective algorithm for computing counterfactual equilibria in homothetic Walrasian economies, where counterfactual equilibria are solutions to the Walrasian inequalities.
Recommended Citation
Brown, Donald J. and Kannan, Ravi, "The Computation of Counterfactual Equilibria in Homothetic Walrasian Economies" (2003). Cowles Foundation Discussion Papers. 1698.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/1698