Showing 1 - 10 of 149
This paper documents the extension of MEDSEA, a small open economy DSGE model for Malta, with a detailed energy sector. The model contains relatively rich fiscal and energy blocks allowing the model to simulate the transitional costs related to the economy's decarbonisation, together with the...
Persistent link: https://www.econbiz.de/10014633518
Persistent link: https://www.econbiz.de/10014449964
Persistent link: https://www.econbiz.de/10013500569
Persistent link: https://www.econbiz.de/10014226675
The EU has embarked on multiple initiatives reflecting its commitment to environmental enhancement and sustainable …-friendly policies and sustainable practices within the region. Conversely, the fiscal rules within the EU, designed to manage budgetary … with the environmental goals set forth by the EU. To address this issue, using a panel of 27 European member countries …
Persistent link: https://www.econbiz.de/10014445352
We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...
Persistent link: https://www.econbiz.de/10014460792
Decarbonizing road transport through electrification, public transport, and walking and biking can increase productivity and reduce expenses thanks to reduced traffic and energy efficiency gains. However, governments face losing fuel and vehicle tax revenue. We develop a method to assess options...
Persistent link: https://www.econbiz.de/10014517732
Persistent link: https://www.econbiz.de/10003456309
coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the … supplyside optimism in the US ; (d) institutional factors such as the lack of a central fiscal authority in the EU. In response …
Persistent link: https://www.econbiz.de/10008907705
Persistent link: https://www.econbiz.de/10003665344