Economic activity - GEM-E3

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Model Documentation - GEM-E3

Corresponding documentation
Model information
Model link
Institution Institute of Communication And Computer Systems (ICCS), Greece, .
Solution concept General equilibrium (closed economy)
Solution method Optimization
Anticipation

The model captures the inter-relations of all economic agents of the economic system and computes endogenously sectoral production, sectoral value added, GDP and its components, incomes and employment.