The objective of this paper is to study CO2 taxation in its dual role as a climate and fiscal policy instrument. It develops marginal abatement cost curves for CO2 emissions using a dynamic general equilibrium model of the Portuguese economy which highlights the mechanisms of endogenous growth...

This paper examines the economic and budgetary impacts of fuel prices using a dynamic general equilibrium model of the Portuguese economy which highlights the mechanisms of endogenous growth and includes a detailed modeling of the public sector. The fuel price scenarios are based on forecasts by...

One of the most prominent features in the evolution of the European Union (EU) has been its geographical expansion. Using a dynamic general equilibrium approach, this paper predicts the effects of future eastward expansions of the EU on both inter- and intra-national flows of trade and labor....