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To analyze the effects of prospective policy changes, sectoral and economy-wide modelers need to begin with baseline … economy theory, a set of political econometric equations and knowledge of current World Trade Organization (WTO)-bound tariffs …
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The chapter demonstrates how the computable general equilibrium model MSG6, combined with special models of government expenditures, has been used to assess the long-run fiscal sustainability in Norway. The simulations suggest that Norway faces a severe fiscal sustainability problem in the long...
Persistent link: https://www.econbiz.de/10014025288