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Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances
Gruss, Bertrand - 2012
In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that failing to address the fiscal imbalances associated with current federal fiscal...
Persistent link: https://www.econbiz.de/10014396892
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Welfare Implications of HIV/AIDS
Haacker, Markus - 2003
The paper evaluates the impact of HIV/AIDS on welfare in several countries affected by the HIV/AIDS epidemic. Unlike … studies focusing on the impact of HIV/AIDS on GDP per capita, we evaluate the impact of increased mortality using estimates of … the value of statistical life. Our results illustrate the catastrophic impact of HIV/AIDS in the worst-affected countries …
Persistent link: https://www.econbiz.de/10014403663
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Modeling the Macroeconomic Impact of HIV/AIDS
Haacker, Markus - 2002
The paper addresses the impact of HIV/AIDS on per capita output and income, with particular emphasis on the role of … finds that HIV/AIDS affects both the supply of labor and the demand for labor in the formal sector. Only if there is a … HIV/AIDS on output is complemented by an assessment of the impact on income …
Persistent link: https://www.econbiz.de/10014399548
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The Macroeconomic Impact of HIV/AIDS in Botswana
Sgherri, Silvia - 2001
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key … impact of HIV/AIDS, a dual-economy equilibrium model is constructed and simulated under different scenarios. Depending on … exactly how AIDS affects the outlook, GDP growth is projected to fall from around 51⁄2 percent a year without the pandemic to …
Persistent link: https://www.econbiz.de/10014401360
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The global macroeconomic costs of raising bank capital adequacy requirements
Roger, Scott; Vitek, Francis - 2012
Persistent link: https://www.econbiz.de/10009572540
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Macroeconomic costs of higher bank capital and liquidity requirements
Roger, Scott; Vlček, Jan - 2011
Persistent link: https://www.econbiz.de/10009486321
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Macroeconomic and welfare costs of U.S. fiscal imbalances
Gruss, Bertrand; Torres, José L. - 2012
In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that failing to address the fiscal imbalances associated with current federal fiscal...
Persistent link: https://www.econbiz.de/10009488208
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Are climate change policies politically costly?
Furceri, Davide; Ganslmeier, Michael; Ostry, Jonathan David - 2021
Are policies designed to avert climate change (Climate Change Policies, or CCPs) politically costly? Using data on governmental popular support and the OECD's Environmental Stringency Index, we find that CCPs are not necessarily politically costly: policy design matters. First, only market-based...
Persistent link: https://www.econbiz.de/10012612336
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Gone with the wind : estimating hurricane and climate change costs in the Caribbean
Acevedo, Sebastian - 2016
This paper studies the economic costs of hurricanes in the Caribbean by constructing a novel dataset that combines a detailed record of tropical cyclones' characteristics with reported damages. I estimate the relation between hurricane wind speeds and damages in the Caribbean; finding that the...
Persistent link: https://www.econbiz.de/10011715466
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The macroeconomic costs of conflict
Novta, Natalija; Pugacheva, Evgenia - 2020
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012252077