Narrow search
Showing 1 - 10 of 73
Cover Image
Empirical macromodels under test : a comparative simulation study of the employment effects of a revenue neutral cut in social security contributions
Buscher, Herbert S. (contributor) - 1998
In the paper we simulate a revenue-neutral cut in the social security contribution rate using five different types of macro- / microeconomic models, namely two models based on time-series data where the labour market is modelled basically demand oriented, two models of the class of computable...
Persistent link: https://www.econbiz.de/10013428178
Cover Image
Quasi-Monte Carlo methods in stochastic simulations : an application to fiscal policy simulations using an aggregate disequilibrium model of the West German economy 1960 - 1994
Franz, Wolfgang (contributor) - 1998
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations … possible margin. Because of nonlinearities confidence intervals for the simulation results have to be obtained by means of … stochastic simulations. The main contribution of this paper consists in presenting the simulation results. The robustness of …
Persistent link: https://www.econbiz.de/10000654506
Cover Image
Are fiscal VAR's non-fundamentalness easily reversible through the addition of informative variables?
Vonbun, Christian; Lima, Elcyon Caiado Rocha - 2021
The VAR/SVAR (Vector Autoregressive and Structural Vector Autoregressive) models are the cornerstone of the contemporaneous empirical macroeconomic research, in particular for being able to measure the impact of fiscal policy shocks. They may be employed as atheoretical models, as well as a mean...
Persistent link: https://www.econbiz.de/10012486165
Cover Image
Understanding the Australian economy : a computable general equilibrium model with updated data and parameters
Verikios, George; Hanslow, Kevin; Mariano, Marc Jim; … - 2021
Persistent link: https://www.econbiz.de/10012604438
Cover Image
National economic impacts of an EU environmental policy : an applied general equilibrium analysis
Conrad, Klaus; Schmidt, Tobias F. N. - 1995
The objective of this paper is to quantify the economic effects of the introduction of a system of tradable permits in the European Union (EU). For this purpose we use linked applied general equilibrium models (AGE) for eleven EU member countries. This method enables us to measure the change in...
Persistent link: https://www.econbiz.de/10011620808
Cover Image
National economic impacts of an EU environmental policy : an applied general equilibrium analysis
Conrad, Klaus; Schmidt, Tobias F. N. - 1995
Persistent link: https://www.econbiz.de/10013428017
Cover Image
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Radowski, Daniel; Smolny, Werner; Winker, Peter - 1999
The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in 1990/1991, a deep recession in 1992/1993 and a slow recovery since then. In East Germany, in contrast, unification induced a breakdown of production and employment followed by a...
Persistent link: https://www.econbiz.de/10013428281
Cover Image
Modeling German unification in a disequilibrium framework
Winker, Peter; Smolny, Werner; Radowski, Daniel - 1999
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10013428286
Cover Image
Monetary policy for an open economy : an alternative framework with optimising agents and sticky prices
McCallum, Bennett T.; Nelson, Edward - 2001
The new open-economy macroeconomics seeks to provide an improved basis for monetary and exchange-rate policy through the construction of open-economy models that feature rational expectations, optimising agents, and slowly adjusting prices of goods. This paper promotes an alternative approach...
Persistent link: https://www.econbiz.de/10011518033
Cover Image
Exploring the role of trust indicators in the P2P economy : analysis and simulations of an Airbnb market
Fleischer, Aliza; Ert, Eyal; Bar-Nachum, Ziv - 2020
Persistent link: https://www.econbiz.de/10014296997