This volume is a collection of papers that apply general equilibrium theory in order to obtain policy relevant insights … on topical issues of international trade and migration. The first set of papers focuses on European integration, applying …

This paper examines the effect of tax-funded promotion of inbound tourism on domestic welfare in an open economy … tourism will not improve welfare unless the degree of increasing returns in the tourism industry is high enough and the …

This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … the short run the impact of migration on average welfare in these countries is close to zero, while the skilled and …. The welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving countries and …

it in labor-intensive industries. Nevertheless, trade will be mutually welfare-improving under relatively mild conditions. …

n this paper, we investigate the impact of regional trading arrangements (RTAs) on the environment. We propose an … impact the environment either directly or indirectly via trade and income. We find that membership in an RTA reduces the … RTAs directly impact the environment. Taken together, our results suggest that the recent surge of regional trading …

effect of this policy is lost because of the precedence order. Despite widely held impressions about the importance of …

environment. Our competitive equilibrium notion is equivalent to that of directed (or competitive) search. The strength of our …

range of estimates, we find that the average student's welfare gain from coordinating assignment is substantially more than …

establishing Welfare Theorems under a weaker notion of constrained efficiency, inspired by Malinvaud, corresponding to the absence … of welfare mproving feasible redistributions over finite (though indefinite) horizons. A Negishi's Method permits to show … that, for any arbitrary value of social welfare in between autarchy and constrained optimality, there exists an equilibrium …