Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax,...

Hysteresis in Economic Relationships: An Overview -- Hysteresis in Trade -- Some Evidence on the Membership Hysteresis Hypothesis in Europe -- Insider-Outsider Influences on Industry Wages -- Testing for Hysteresis in Unemployment An Unobserved Components Approach -- Unemployment and...

The focus of research in this book is to develop the ways of making semiparametric/nonparametric techniques accessible to applied economists. While the papers by H. Bierens, J. Horowitz and R.C. Tiwari et al. deal with semiparametric techniques, the papers by Y. Hong and A. Pagan, J.S. Marron,...

A Modification of the CUSUM Test in the Linear Regression Model with Lagged Dependent Variables -- Heteroskedasticity-Robust Tests for Structural Change -- A Switching Regression Model with Different Change-Points for Individual Coefficients and its Application to the Energy Demand Equations for...