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This study evaluates the impact of the ECOWAS-CET and the EPA on youth employment and on welfare in Senegal. The analysis is performed using the PEP-1-1 model, which is a static computable general equilibrium model. The simulation results indicate that applying the ECOWAS-CET instead of the...
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Youth unemployment is major policy concern in Senegal. The country has in recent years, implemented several programs to combat unemployment and the precariousness of youth employment in the labor market. However, the results of these programs are to date hardly perceptible. The objective of this...
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The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross-section survey. Simulations are discussed under a partial equilibrium and medium-term framework using a marginal approach. The paper distinguishes between single priced products, such as...
Persistent link: https://www.econbiz.de/10011395433
What is the welfare effect of a price change? This simple question is one of the most relevant and controversial questions in microeconomic theory and its different answers can lead to severe heterogeneity in empirical results. This paper returns to this question with the objective of providing...
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The paper compares the distribution of energy and food subsidies across households and the impact of subsidy reforms on household welfare in the Middle East and North Africa region. The analysis uses a unified model and harmonized household data. The results show that the distribution of...
Persistent link: https://www.econbiz.de/10012245884
Shortly before the 2011 Libyan revolution, consumers' subsidies were rapidly increased by the regime in an effort to reduce social discontent. In the aftermath of the revolution, these subsidies became important for people's subsistence, but also a very heavy burden for the state budget. Since...
Persistent link: https://www.econbiz.de/10012246304