Hence, we use so-called multiobjective programming in connection with a computable general equilibrium (CGE) model to determine the combinations of policy instruments that provide efficient combinations of inflation and unemployment. This approach results in an alternative version of the Phillips curve ...
The possibility of the industrial hollowing-out induced by the FDI has been a great concern in Taiwan. The purpose of this paper is to establish a computable general equilibrium (CGE) model to investigate the impact of outward FDI by Taiwanese firms on its domestic economy. The efficiency wage...
and the effect of institutions, market behaviors and economic policies on that transition. The issue is analyzed with a simple two country (north and south), two goods model, amended in order to take into account the time dimension of both the production and the decision processes. Investigating...
Energy and income taxes in a 3-factor CGE model with equilibrium unemploymentF. FitzRoyS Bonetti
We use a CGE model that includes a matching model with two types of labour, and which allows for different pricing rules and returns-to-scale assumptions. We find that abatement reduces unemployment due to beneficial impacts of recycling the revenue from permit sales. Unemployment is more ...
we bridge the gap between theoretical developments and applied research by considering a general class of competing risks copula models, which nests popular models such as the Cox proportional hazards model, the semiparametric multivariate mixed proportional hazards model (MMPHM), and the CGE as specia...
Historical CGE modelling, applied using the PEKGEM 鈥 a dynamic CGE model of the South African economy, was chosen to examine the relationship between growth and structural changes under the different economic and development policies in South Africa between 1995 and 2013. The primary aim was to...
CGEspatial networksmulti-region modelingtransportation coststrade policyThe effects of the German unemployment compensation system on aggregate savings and the distribution of wealth are studied in a general equilibrium 60–period OLG model. The distribution of wealth is derived as an endogenous function ...
Using a detailed computable general equilibrium (CGE) model applied to the Moroccan economy, we show that if we simultaneously take into account Moroccan emigration to the European Union (EU), immigration from Sub-Saharan Africa into Moroccan urban areas and rural-urban migration, the impact on ...
Our analysis explicitly focuses on the relationship between the two in an oil producing country, to our knowledge one of the first CGE studies to do so. Show abstract Rent-seeking bureaucracies, inequality, and growth 2009, Journal of Development Economics Show abstract Does foreign aid increase ...