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This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market institutions in an otherwise standard general equilibrium framework. There are sectoral wage negotiations for two skill types of workers between firms and trade unions. The...
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We show that imposition of a state-level environmental tax in a federation crowds out preexisting federal taxes. We explain how this vertical fiscal externality can lead unilateral statelevel environmental policy to generate a welfare gain in the implementing state, at the expense of other...
Persistent link: https://www.econbiz.de/10010439043
fully laid out, replication of results would still require specialized programming skills. As a consequence, CGE analyses … are often perceived as a black box to non-expert readers. This article aims at lowering the barriers to numerical CGE … analysis along two lines. First, we provide a compact introduction to recent methods of CGE model implementation that may …
Persistent link: https://www.econbiz.de/10011449294
In response to anthropogenic climate change, developed countries have committed themselves to raise 100 billion USD a year from 2020 onwards for addressing the needs of developing countries. In this paper, we investigate the economic and CO2 emission impacts of four alternative options for...
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