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For assessment of infrastructure measures and find appropriate ways to reduce environment and climate damages etc., forecast models are of utmost importance. The aim of such models is, for assumed transport measures, to forecast demand for various modes and calculate consumer surplus and other...
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How are inflation and unemployment related in the long run? Are they negatively correlated, as in the so-called naive Phillips curve theories or uncorrelated, 'as in the neo-liberals' view or are they positively correlated as Friedman suggested in his Nobel lecture? In this paper inflation is...
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In this article it is shown that when the effects of an increase in unemployment subsidies are studied in a general equilibrium framework, unemployment increases far less than in a 'partial-partial' model, or may even decrease.
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