From an Elaborated Financial Social Accounting Matrix (FSAM) to a full Computable General Equilibrium (CGE) Model for Germany
With reference to the German Economy in 2009
- 64 pages
- 3 hours of reading
The necessity for detailed financial investigations in economic policymaking has become increasingly urgent due to recent economic crises. This thesis highlights the underutilization of Social Accounting Matrices (SAMs) and Computable General Equilibrium Models (CGEs) in Germany and other EU nations. These tools are essential for conducting in-depth economic analysis and can significantly enhance understanding and decision-making for economic agents and policymakers. The work emphasizes the importance of integrating these instruments into economic frameworks for better outcomes.
