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The restructuring of the gas industry did not so far generate the same modeling activity as in electricity. While the literature of activity in electricity market models is now abundant, it is still rather scant on the gas side. This paper surveys some of the existing models and attempts to take...
Persistent link: https://www.econbiz.de/10014063280
We provide the description and illustrative results of the World Gas Model, a multi-period complementarity model for the global natural gas market. Market players include producers, traders, pipeline and storage operators, LNG liquefiers and regasifiers as well as marketers. The model data set...
Persistent link: https://www.econbiz.de/10003910652
Examples of simple economic theory models are analyzed as restrictions on the Cointegrated VAR (CVAR). This establishes …. -- Cointegrated VAR ; unit root approximation ; economic theory models ; expectations ; hybrid new Keynesian Phillips curve ; general …
Persistent link: https://www.econbiz.de/10003785323
Examples of simple economic theory models are analyzed as restrictions on the Cointegrated VAR (CVAR). This establishes … theory models ; expectations ; general equilibrium ; DSGE models …
Persistent link: https://www.econbiz.de/10003698538
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