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to strictly exogenous. This model is applied to estimate a female participation equation with endogenous fertility and … exogenous fertility movements. The results indicate that assuming the exogeneity of fertility induces a downward bias in … absolute value in the estimated negative effect of fertility on participation, although the failure to account for unobserved …
Persistent link: https://www.econbiz.de/10005385429
accumulation and inflation with endogenous fertility, i.e. endogenous population growth. The model establishes an inverse relation … money. A higher monetary growth rate increases fertility, since it reduces its opportunity cost, and hence diminishes …
Persistent link: https://www.econbiz.de/10005570242
opportunity cost of motherhood connected to higher female labour participation is responsible for the fall in fertility. On the …
Persistent link: https://www.econbiz.de/10008465534
The present research has been developed within the EU FP7 VECTORS project (http://www.marine-vectors.eu/). The main scope of the project (2011-2015) has been to evaluate, from a multilateral perspective, drivers, pressures and vectors of changes in marine life of three main European seas...
Persistent link: https://www.econbiz.de/10011268599
Persistent link: https://www.econbiz.de/10011268609
The objective of this paper is to assess the likely allocation effects of the current cli-mate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the...
Persistent link: https://www.econbiz.de/10005385344
The paper uses an applied general equilibrium model, calibrated to the situation in Belgium in 1990, to evaluate the welfare effects of small policy changes in the presence of transport externalities. The model incorporates three types of externalities: congestion, which has a feedback effect on...
Persistent link: https://www.econbiz.de/10005385363
Water resources are unevenly spread in China. Especially the basins of the Yellow, Hui and Hai rivers in the North are rather dry. To increase the supply of water in these basins, the South-to-North Water Transfer project (SNWT) was launched. Using a computable general equilibrium model this...
Persistent link: https://www.econbiz.de/10005385373
This paper deals with an assessment of the economic costs of environmental policies in the Netherlands, using a dynamic Applied General Equilibrium model with bottom-up information on abatement techniques. Empirical abatement cost curves are used to determine substitution possibilities between...
Persistent link: https://www.econbiz.de/10005385402
We present a computable general equilibrium model properly modified to analyse the potential role of the European forestry sector within climate mitigation. Improvements on database and modelling frameworks allow accounting for land heterogeneity across and within regions and for land transfers...
Persistent link: https://www.econbiz.de/10010541204