RunGEM is a freeware component of the commercial modelling package,
Gempack GEMPACK (General Equilibrium Modelling PACKage) is a modeling system for CGE economic models, used at the Centre of Policy Studies (CoPS) in Melbourne, Australia, and sold to other CGE modellers.
Some of the more well-known CGE models solved using ...
.
It is mainly used for solving (i.e., simulating with)
computable general equilibrium
Computable general equilibrium (CGE) 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 are also referred to as AGE (appl ...
(CGE) models. It does not allow a user to change a model's specification or to create a new model.
External links
RunGEM Homepage
Computer algebra systems
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