RunGEM
Encyclopedia
RunGEM is a freeware component of the commercial modelling package, Gempack
, written at Monash University
.
It is mainly used for solving (ie, simulating with) computable general equilibrium
(CGE) models. It does not allow a user to change a model's specification or to create a new model.
Gempack
GEMPACK is a modeling system for CGE economic models, producedand used at the Centre of Policy Studies , Monash University, Australia, and sold by CoPS to other CGE modellers....
, written at Monash University
Monash University
Monash University is a public university based in Melbourne, Victoria. It was founded in 1958 and is the second oldest university in the state. Monash is a member of Australia's Group of Eight and the ASAIHL....
.
It is mainly used for solving (ie, simulating with) computable general equilibrium
Computable general equilibrium
Computable general equilibrium models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors...
(CGE) models. It does not allow a user to change a model's specification or to create a new model.