Macro-economy - TIAM-UCL: Difference between revisions

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The Macroeconomy is represented by linking TIAM-UCL with MSA to allow consideration of the rest of the economy beyond energy i.e. general not partial equilibrium, and endogenises demand changes.

Revision as of 13:01, 14 October 2016

Model Documentation - TIAM-UCL

Corresponding documentation
Previous versions
Model information
Model link
Institution University College London (UCL), UK, https://www.ucl.ac.uk.
Solution concept Partial equilibrium (price elastic demand)
Solution method Linear optimisation
Anticipation Perfect Foresight

(Stochastic and myopic runs are also possible)

The Macroeconomy is represented by linking TIAM-UCL with MSA to allow consideration of the rest of the economy beyond energy i.e. general not partial equilibrium, and endogenises demand changes.