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Characteristics of the Digital Economy -- Digitalization -- Economic Theory -- Theoretical Foundations -- Networks in a … -- Integrating Theory and Policy -- Summary -- Appendices … goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to …
Persistent link: https://www.econbiz.de/10013522801
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...
Persistent link: https://www.econbiz.de/10012396988
This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...
Persistent link: https://www.econbiz.de/10013521155
Persistent link: https://www.econbiz.de/10013520916
This book provides a reader with a practical foundation in general equilibrium theory, embeds the theory in a multi …-sector dynamic framework, discusses how to practically link the theory to real economic data, and provides clear instructions on how … book pulls it all together in a conceptually sound, yet practical, manner, and brings the theory to life. A unique feature …
Persistent link: https://www.econbiz.de/10013521281
Persistent link: https://www.econbiz.de/10014014698
The book suggests a novel way how the effects of tax reforms especially in the field of capital income taxation can be measured by means of dynamic computable general equilibrium (CGE) models. Using a model calibrated to the German economy, the author evaluates and quantifies the effects of...
Persistent link: https://www.econbiz.de/10013520711
Preface -- 1 An Introduction to the Econometrics of Program Evaluation -- 2 Methods Based on Selection on Observables -- 3 Methods Based on Selection on Unobservables -- 4 Local Average Treatment Effect and Regression-Discontinuity-Design.
Persistent link: https://www.econbiz.de/10014019847
Haller and Hans Gersbach have pioneered a ‘market’ approach that applies the tools of general equilibrium theory to the … presented in this book extends the theory of the multi-person household along an important but relatively neglected dimension …, that of general equilibrium theory. It also challenges GE theorists themselves to follow Paul Samuelson in taking seriously …
Persistent link: https://www.econbiz.de/10012397186
theory, data handling and computing. This integration is essential for successful empirical modeling, but also involves … general equilibrium theory, step-by-step model design, incremental model extensions, a wealth of sample computer code …Introduction -- An Overview of General Equilibrium Theory -- A Simple General Equilibrium Model -- A General …
Persistent link: https://www.econbiz.de/10012397206