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of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … households experienced significant welfare gains, whereas the long-term unemployed have lost in welfare terms. The effects of the … 2006-reform are qualitatively similar, but quantitatively much smaller. We also show that the social welfare maximizing …
Persistent link: https://www.econbiz.de/10008646450
Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the project-based mechanisms, the factor that most determines the influence of transaction costs...
Persistent link: https://www.econbiz.de/10005097904
-Kaldor criterion is fulfilled as aggregated welfare gains at least compensate the costs of providing financial assistance for …
Persistent link: https://www.econbiz.de/10010957678
We investigate the rebound effect of a 10% energy cefficiency improvement in the provision of private transport services by German households. In the process, we take into account that household behaviour may be influenced by habits, build on a detailed representation of the provision of private...
Persistent link: https://www.econbiz.de/10010957690
This paper proposes that the national focus of energy 'rebound' studies should be extended to an international context in the presence of supra-national agreements such as EU 20-20-20. The potential for energy efficiency improvements in one nation to impact energy use in others means that...
Persistent link: https://www.econbiz.de/10010957720
The growing momentum for gas price liberalization in Russia is increasingly constrained by fears of potentially strong adverse impact that market-based price setting principle will have on the economy. Based on a novel multi-regional, multi-sector and multi-household computable general...
Persistent link: https://www.econbiz.de/10010957761
This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal modelling options are distinguished and discussed: aggregated, representative households and microsimulation based on individual household data. On the labour demand side, we...
Persistent link: https://www.econbiz.de/10009646594
A diverse set of tools has been developed in Industrial Ecology to tackle the problems caused by human economic activity. These instruments include Life Cycle Assessment (LCA) and Material Flow Analysis (MFA). Especially LCA is now increasingly used in policy making. Design and Evaluation of...
Persistent link: https://www.econbiz.de/10008694112
This contribution describes the linkage of microsimulation models and computable general equilibrium (CGE) models using two already established models called "STSM" and "PACE-L" used by the Centre for European Economic Research. This state of the art research method for applied policy analysis...
Persistent link: https://www.econbiz.de/10008469769
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10008533552