This paper highlights an underexplored margin of heterogeneity that shapes resilience to disruptions in global maritime trade - the differential reliance of countries and sectors on specific categories of vessels. We combine US bills of lading records with ship registry and AIS-based port call...

This paper highlights an underexplored margin of heterogeneity that shapes resilience to disruptions in global shipping - the differential reliance of countries and sectors on specific categories of vessels. We combine US bills of lading records with ship registry and AIS-based port call data to...

This paper presents quantitative projections on the expected economic impact of the Investment Facilitation for Development (IFD) Agreement, which proceeds in three steps. First, we estimate the empirical impact of the host-economy investment facilitation environment on foreign affiliate sales....

TiMBA (Timber market Model for policy-Based Analysis) is a partial economic equilibrium model that simulates the global forestry sector, capturing economic interactions from raw material extraction to the processing of intermediate and end products (TI-FSM et al. 2025). The model underwent an...

How should a developing country such as South Africa respond to the USA's "Liberation Day" Tariffs of April 2025 and subsequent shocks? Combining the GTAP-Dynamic (GDyn) Computable General Equilibrium model with an expanded Decision Support Model (DSM), we simulate five policy response scenarios...

This study examines the long-term effects of higher national debt in South Korea on asset distribution. Using an overlapping generations general equilibrium model, we focus on two key channels: rising interest rates and falling wage rates, both driven by the crowding-out effect of capital....

This study examines how economic inequality influences the effectiveness of fiscal policy using a three-agent New Keynesian DSGE model with incomplete financial markets. The findings suggest that economies with a high share of liquidity-constrained households exhibit larger fiscal multipliers...

This paper considers optimal taxation of housing capital. To this end, we employ a life‐cycle model calibrated to the U.S. economy, where asset holdings and labor productivity vary across households, and tax reforms lead to changes in house and rental prices, interest rates, and wages. We find...

MANAGE-WB is a Computable General Equilibrium (CGE) model developed by a network of CGE modelers to support World Bank teams and clients in conducting macroeconomic analyses across a broad range of topics. It is a single-country, open-economy CGE model featuring multiple sectors, institutions,...

This paper revisits paradigmatic differences in economics with a focus on input-output modeling. We show that such differences represent deep divides in economic theorizing and impact strongly on the magnitude and signs of expected effects. At the same time estimates from input-output models are...

We consider a package assignment problem with money, in which a set M of objects is allocated to agents. Each agent has preferences that are not necessarily quasi-linear. The admissible set of object allocations is chosen by the planner to pursue specific objectives in conjunction with the rule....

This paper revisits paradigmatic differences in economics with a focus on input-output modeling. We show that such differences represent deep divides in economic theorizing and impact strongly on the magnitude and signs of expected effects. At the same time estimates from input-output models are...

A key challenge in modeling water scarcity in computable general equilibrium (CGE) models is getting the substitution elasticity between water and the other inputs right. This paper develops a novel method to derive the values of the substitution elasticity between water and land by implementing...

Climate change is expected to bring hotter periods and reduced rainfall to Burkina Faso, decreasing water availability and soil moisture. This will negatively affect agriculture and food production. This study uses a gender-dynamic computable general equilibrium (CGE) model linked to a...