The Orani‐Macro Interface: an illustrative exposition

Russel J. Cooper; Keith R. McLaren

doi:10.1111/j.1475-4932.1983.tb00591.x

The Orani‐Macro Interface: an illustrative exposition

Russel J. Cooper, Keith R. McLaren

Econometrics & Business Statistics

Research output: Contribution to journal › Article › Research › peer-review

7 Citations (Scopus)

Abstract

The paper provides on illustration of the procedure used to interface the MACRO and ORANI modules of the IMPACT Project. The main interfacing problem is that of temporal aggregation. This problem arises when information is to be passed between a dynamic disequilibrium model such as MACRO and a comparative static general equilibrium model such as ORANI. A diagrammatic treatment of the solution to this problem is presented. The procedure is then illustrated by a numerical experiment.

Original language	English
Pages (from-to)	166-179
Number of pages	14
Journal	Economic Record
Volume	59
Issue number	2
DOIs	https://doi.org/10.1111/j.1475-4932.1983.tb00591.x
Publication status	Published - Jun 1983

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title = "The Orani‐Macro Interface: an illustrative exposition",

abstract = "The paper provides on illustration of the procedure used to interface the MACRO and ORANI modules of the IMPACT Project. The main interfacing problem is that of temporal aggregation. This problem arises when information is to be passed between a dynamic disequilibrium model such as MACRO and a comparative static general equilibrium model such as ORANI. A diagrammatic treatment of the solution to this problem is presented. The procedure is then illustrated by a numerical experiment.",

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AB - The paper provides on illustration of the procedure used to interface the MACRO and ORANI modules of the IMPACT Project. The main interfacing problem is that of temporal aggregation. This problem arises when information is to be passed between a dynamic disequilibrium model such as MACRO and a comparative static general equilibrium model such as ORANI. A diagrammatic treatment of the solution to this problem is presented. The procedure is then illustrated by a numerical experiment.

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The Orani‐Macro Interface: an illustrative exposition

Abstract

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