The document presents the development of a dynamic general equilibrium model with endogenous growth that will enable us to analyze the impact of education and research and development on economic growth in the context of complex mutual activity of economic agents and its outcomes.
F.02 Acquisition of new scientific knowledge
COBISS.SI-ID: 1483150The model utilises all the most current findings in the field of general equilibrium modelling and the newest methods in the field of mathematical economics, e.g. constructing the general equilibrium as a mixed complementarity problem (MCP), use of calibrated share form, and solving the model by an advanced MCP solver in the framework of the general algebraic modelling system (GAMS).
F.23 Development of new system-wide, normative and programme solutions, and methods
COBISS.SI-ID: 1467534