Mitch Phillipson
Received his Ph.D in Mathematics from Texas A&M university and worked as a professor as a small liberal arts university for several years. Currently works with WiNDC at the University of Wisconsin Madison as a data scientist.
Session
07-28
11:30
10min
Computable General Equilibrium (CGE) Models in Julia JuMP
Mitch Phillipson
Computable General Equilibrium (CGE) models are large systems of non-linear equations that combine economic theory with real economic data to describe impacts of policies or shocks in the economy. Currently these problems are predominately solved using GAMS which is an expensive, closed source solution. We have created a package called GamsStructure.jl to emulate GAMS data manipulation in Julia. We will discuss several models created in both GAMS and Julia to highlight key similarities.
JuMP
32-155