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MIRAGE is a multi-region, multi-sector computable general equilibrium model, devoted to trade policy analysis. It incorporates imperfect competition, product differentiation by variety and by quality, and foreign direct investment, in a sequential dynamic set-up where installed capital is...
Persistent link: https://www.econbiz.de/10011072152
Persistent link: https://www.econbiz.de/10010861438
La « grande transformation capitaliste » à l'Est s'est faite au cours d'une première phase, en asphyxiant le coeur de l'ancien système – les grandes entreprises – au travers de formes de « privatisations » opaques et d'une mutation du contenu social des Etats. Il n'y a eu, ce...
Persistent link: https://www.econbiz.de/10011162117
Persistent link: https://www.econbiz.de/10010764079
The demographic structure of a country influences economic activity. The "second dividend" modifies growth. Accordingly, in general equilibrium, the second dividend and the demographic structure are interrelated. This paper aims at assessing empirically the "second dividend" in a dynamic,...
Persistent link: https://www.econbiz.de/10010764091
A rising share of renewables in the energy mix push es up the average price of energy - and so does a carbon tax. However the former bolsters the accumulation of capital whereas the latter, if fully recycled, does not. Thus, in general equilibrium, the effects on growth and intertemporal welfare...
Persistent link: https://www.econbiz.de/10010775071
transition and fiscal consolidation. One problem is that governments might consider that implementing an energy transition could … get i n the way of achieving a fiscal consolidation. If so, interrupting the energy transition in a time of fiscal …. Renouncing to the energy transition would slightly foster the level of GDP during the next 10 to 15 years - depending on the …
Persistent link: https://www.econbiz.de/10010735774
In this paper we prove the existence of general equilibrium with transaction costs generalizing Hahn's (Review of Economic Studies, 1973, 40, 449-461) model by introducing producers and nonconvexities (in particular we allow for increasing returns in transaction sets). We also recover any...
Persistent link: https://www.econbiz.de/10010707098
The end of the Multifiber Agreement in January 2005 had a negative impact on the Tunisian apparel industry, but the effects were weaker than expected. Using a dynamic general equilibrium model, the article provides a prospective assessment of the impact on Tunisia of the phase out of the MFA and...
Persistent link: https://www.econbiz.de/10010707164
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A dynamic general equilibrium model with overlapping...
Persistent link: https://www.econbiz.de/10010707309