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We analyse how fiscal policy affects both the macroeconomy and the industry structure, using a multi-sector macroeconomic model of the Norwegian economy with an inflation targeting monetary policy. Our simulations show that the government spending multiplier in the case of a permanent...
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The Israeli financial system withstood the global financial crisis (GFC) of 2007–09 relatively well and came out unscathed. Notwithstanding this favourable outcome, Israel is a small open economy, which means that its domestic financial conditions cannot be disconnected from the consequences...
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I: CGE Studies -- Sorting Out the Effects of Switzerland’s Accession to the EU: A Simulation Analysis -- Foreign Direct … Investment in Producer Services -- EU Integration and Outsiders: A Simulation Study of Industrial Location -- Factor Mobility … Costs of the EU Integration for Switzerland: Alternative Scenarios -- III: Labour Market Issues -- Labour Market and …
Persistent link: https://www.econbiz.de/10014021881
What are the effects of changes in taxation and new types of mortgages on the real economy? - The case of Denmark during the 00's What are the effects of introducing interest-only, flexible-rate mortgage contracts and a tax-freeze on housing wealth for the real- and financial economy? I study...
Persistent link: https://www.econbiz.de/10011696533
It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whiteningʺ) with the help of a model. It turns out...
Persistent link: https://www.econbiz.de/10003755325
Mali has introduced a program to produce biodiesel using jatropha, a shrub widely available throughout the country. The aim of the program is to partially substitute diesel, which is entirely supplied through imports, with domestically produced biodiesel. In this paper, we use a computable...
Persistent link: https://www.econbiz.de/10011956358
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