This paper describes in detail the theoretical and empirical features of the G-Cubed multi-country, multi-sector intertemporal general equilibrium model. The G-Cubed model has been used for a number of alternative policy simulations including the implications of greenhouse gas policy, trade...

The financial debacle that followed the Mexican devaluation in December 1994 left many analysts, investors and observers bewildered by its magnitude. This paper argues that the causes of the devaluation are quite different from the causes of the crisis, so different that the financial crisis was...