Economics Dictionary of ArgumentsHome![]() | |||
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Calibration - Economics Dictionary of Arguments | |||
Calibration: Calibration in economics is a method of assigning values to model parameters so that the model closely replicates real-world data. Unlike estimation, it uses observed values directly rather than statistical inference. Calibration is commonly used in dynamic macroeconomic and computable general equilibrium (CGE) models to analyze policy impacts and economic behavior. See also Models, Model theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Economic Theories | Calibration | Economic Theories | |
Hogan, Kathleen | Calibration | Hogan, Kathleen | |
Klepper, Gernot | Calibration | Klepper, Gernot | |
Krishna, Kala | Calibration | Krishna, Kala | |
Swagel, Phillip | Calibration | Swagel, Phillip | |
Venables, Anthony J. | Calibration | Venables, Anthony J. | |
Winters, L. Alan | Calibration | Winters, L. Alan | |
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-20 |