Computable General Equilibrium Assessments of Fiscal Sustainability in Norway
Erling Holmøy and Birger Strøm
Published in: Handbook of Computable General Equilibrium Modeling, Dixon, P.B., Jorgenson, D.W. (Eds.), North Holland, Elsevier B.V., pp. 105-158
In this collection of 16 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view.