An Overview of ORANI-INT
Michael Malakellis · Contributions to economics · 2000
The purpose of this chapter is to provide an overview of the theoretical structure of ORANI-INT and to set out the nomenclature that is used in the remainder of the monograph. The relationship between ORANI-INT and ORANI is made clear and the sources of intertemporal behaviour identified. A distinction is made between the static and dynamic equations in ORANI-INT. Static equations relate variables in a particular period while dynamic equations relate variables in different, often adjacent, time periods. The equations of the model are discussed in detail in chapter 3. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.