We develop a forward-looking version of the recursive dynamic MIT Emissions Prediction and Policy Analysis (EPPA) model, and apply it to examine the economic implications of proposals in the US Congress to limit greenhouse gas (GHG) emissions. We find that shocks in the consumption path are...

The objective of this paper is to evaluate the impact of government spending with the Interest Rates Equalization (IRE) policy on the economic growth of Brazilian regions. Additionally, it aims to measure the opportunity cost of the subsidy in relation to an alternative application in the...

We build a database and model to develop general equilibrium analysis of the Brazilian economy at the level of the five macro regions. The model is multiregional at global level as also at the Brazilian level. The project is coupled to the GTAP model through disaggregation of the original...

O presente trabalho estima os impactos de políticas de mitigação de mudanças climáticas possíveis de serem adotadas pelos EUA, União Europeia (UE) e Brasil em um horizonte futuro de 20 anos. Para tal, utiliza um modelo de equilíbrio geral da economia mundial, construído para projetar...