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This study utilizes the DSGE model DIGNAD to assess the economic impacts of natural disasters on Madagascar. Four distinct scenarios are analyzed: the first scenario (zero scenario) simulates the effects of a natural shock occurring in 2027. The second scenario evaluates the impact of investing...
Persistent link: https://www.econbiz.de/10015213840
This manual provides a comprehensive overview of Vector Autoregression (VAR) models using EViews. It covers key concepts, practical applications, and step-by-step guidance on implementing VAR modeling. The aim is to equip researchers and practitioners with the tools necessary to analyze time...
Persistent link: https://www.econbiz.de/10015214233
This paper develops an economic equilibrium model for pollution management and resource generation within a district, segmented into blocks. The model uses quadratic equations to derive equilibrium conditions at both block and district levels. The analysis incorporates principles from Keynesian,...
Persistent link: https://www.econbiz.de/10015214268
Revolutions do not consolidate until they blend with the establishment to create a new world. Keynes understood it, and that is why he titled his masterwork The General Theory. But he was unsuccessful in the blending. In 2020-21, it is argued in here, we all follow Keynes, but with insufficient...
Persistent link: https://www.econbiz.de/10015214326
None of the known macroeconomic theories are adequate to understand what to do in a global crisis like the 2020 Global Pandemic. Rational Expectations and monetarism cannot even ex-plain how is that a global crisis like this happens. The IS-LM model was designed to manage business cycles, but...
Persistent link: https://www.econbiz.de/10015214327
The argument made in this manuscript is that the two traditional macroeconomic tools, fiscal policy and monetary policy … provide credit to the whole productive economy – which will provide policy makers with a new macro-tool capable to stimulate …
Persistent link: https://www.econbiz.de/10015214329
In less than fifteen years, the world has experienced the worst financial crisis since the 1930’s, the worst global pandemic since the flu in 1918, and the largest war fought since the Second World War. This manuscript argues that these crises are not isolated events. The main thesis is that...
Persistent link: https://www.econbiz.de/10015214330
policy will be defined by contributions in three fronts: pure theoretical models of free markets, institutional models, and …
Persistent link: https://www.econbiz.de/10015214334
Over time, economic cycles have shaped the labor market, presenting both challenges and opportunities. Artificial intelligence (AI) emerges as a transformative force, promising to redefine job creation while simultaneously addressing sustainability concerns. This exploration investigates into...
Persistent link: https://www.econbiz.de/10015214466
ecological preservation alongside economic growth. Developed countries have long prioritized sustainable practices, integrating …
Persistent link: https://www.econbiz.de/10015214673