Publication: Computing equilibria in general equilibrium models via interior-point method
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2004-03
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Springer
Abstract
In this paper we study new computational methods to find equilibria in general equilibrium
models. We first survey the algorithms to compute equilibria that can be found in the literature on
computational economics and we indicate how these algorithms can be improved from the computational
point of view. We also provide alternative algorithms that are able to compute the equilibria
in an efficient manner even for large-scale models, based on interior-point methods. We illustrate the
proposed methods with some examples taken from the literature on general equilibrium models
Description
Keywords
General equilibrium, Computation of equilibria, Interior-point methods
Bibliographic citation
Computational Economics, 2004, v. 23, n. 2, pp. 147-171