This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...

Characteristics of the Digital Economy -- Digitalization -- Economic Theory -- Theoretical Foundations -- Networks in a Fragmentation Model -- IT Services in a General Equilibrium Macro-Model -- Model: Entry of a Digital Goods Producer -- Comparison of the Models -- Economic Policy -- General...

The "development credibility" of the current trade regime in general, and the WTO in particular, is at stake. The Doha Round aims to reverse the brewing scepticism by providing a reliable engine of trade-led growth and development. The essays in this volume identify the key challenges in this...

The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...

This book examines the public stockholding policies of selected developing countries from the perspective of WTO rules and assesses whether the provisions of the Agreement on Agriculture (AoA) could hamper these countries’ efforts to address the challenges of food security. Further, it...