Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
Using Compromise Programming for macroeconomic Policy making in a General Equilibrium Framework: Theory and Application to the Spanish Economy
Year:2008
Research Areas
  • Operative research,
  • Statistics
Information
Abstract
This paper aims to show how Compromise Programming, linked with some results connecting this approach with classic utility optimisation, can become a useful analytical tool for designing and assessing macroeconomic policies. The functioning of the method is illustrated through an application to the Spanish economy. In this way, starting from a Computable General Equilibrium Model, a frontier of growth-inflation combinations is determined. After that, several Pareto-efficient policies that represent compromises between economic growth and inflation rate are established and interpreted in economic terms
International
Si
JCR
Si
Title
JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
ISBN
0160-5682
Impact factor JCR
0,784
Impact info
Volume
59
Journal number
0
From page
875
To page
883
Month
ENERO
Ranking
Participants
  • Participante: MANUEL A. CARDENETE (Universidad Pablo Olavide)
  • Autor: Carlos Romero Lopez (UPM)
  • Participante: FRANCISCO ANDRE (Universidad Pablo Olavide)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía y Sostenibilidad del Medio Natural
  • Departamento: Economía y Gestión Forestal
S2i 2019 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)