English Abstract: This study investigates the welfare implications of BTL projects using a general equilibrium model … (PPPs) could be a good alternative and improve the welfare of the model economy. This paper quantitatively investigates …

banks in Korea using the threshold auto-regressive(TAR) model and momentum threshold auto-regressive(M-TAR) model. The …

unemployment by the Monte Carlo integration method.Though multivariate unobserved component model exhibits better performance in … multivariate unobserved component model. Considering that each method has its own advantages and disadvantages, it is recommended …