Closed Economy Model with Monopoly in the X Sector
July 23, 2025
This example is a conversion of the Markusen M51 model into Julia. This is a standard two-good, two-factor, closed-economy general-equilibrium model. Activities are X, Y and W (welfare or utility). Factors of production are called unskilled and skilled labor. Unskilled labor is typically called L with a price of PW or just W, and skilled labor is called S with a price of PZ or just Z. PU is the price of a unit of utility (the value of the unit expenditure function). Read more
Understanding MPSGE: Interpreting solutions
July 18, 2025
The discussion during the MPSGE monthly this week got me thinking about an interesting example to demonstrate what the solutions from MPSGE mean. I thought it would be useful to share this example here, as it is a common question that comes up when working with MPSGE. Read more
The current WiNDC data processing pipeline
July 11, 2025
This week I would like to discuss how WiNDC takes our raw data and transforms it into the calibrated datasets used by our models. This is a multi-step process where the data passes through both Python and GAMS. Read more
The Future of WiNDC
July 08, 2025
I am the new director of the Wisconsin National Data Consortium (WiNDC), and I am excited to share my vision for the future of WiNDC and the upcoming changes that will enhance our offerings and community engagement. Read more