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-span. As the model is designed to be a fully playable game, conditions concerning birth, death, inheritance and bequests are …
Persistent link: https://www.econbiz.de/10005260368
a sniall proportion of ohserved wealth heterogeneitv. The introduction of an inheritance tax increases both welfare are …
Persistent link: https://www.econbiz.de/10005187296
We study the time paths of different variables on the way to the analytically obtained long-run autarky equilibrium for a 2-sector, 2-factor overlapping generations economy under different initial conditions and parameter confıgurations, and investigate implications of the initial conditions...
Persistent link: https://www.econbiz.de/10005537515
Conditional Cash Transfer (CCT) program is one of the most important anti-poverty policies worldwide. In this document, I study the economic effects of this program by using a stylized dynamic general equilibrium model. I look at the program’s impact on output, human capital, poverty and...
Persistent link: https://www.econbiz.de/10011106110
Social planners in most western countries will be facing two long-lasting challenges in the next years: energy transition and fiscal consolidation. One problem is that governments might consider that implementing an energy transition could get in the way of achieving a fiscal consolidation. If...
Persistent link: https://www.econbiz.de/10011106552
Redistributing the income of a carbon tax impacts the economic activity and the intergenerational inequality, which both influence the intertemporal social welfare. Thus the way a social planner recycles a carbon tax is influenced by its degree of aversion to intergenerational inequality. This...
Persistent link: https://www.econbiz.de/10011106555
A rising share of renewables in the energy mix pushes up the average price of energy - and so does a carbon tax. However the former bolsters the accumulation of capital whereas the latter, if fully recycled, does not. Thus, in general equilibrium, the effects on growth and intertemporal welfare...
Persistent link: https://www.econbiz.de/10011106566
The demographic structure of a country influences economic activity. The "second dividend" modifies growth. Accordingly, in general equilibrium, the second dividend and the demographic structure are interrelated. This paper aims at assessing empirically the "second dividend" in a dynamic,...
Persistent link: https://www.econbiz.de/10011106571
Conditional Cash Transfer (CCT) program is one of the most important anti-poverty policies worldwide. In this document, I study the economic effects of this program by using a stylized dynamic general equilibrium model. I look at the program’s impact on output, human capital, poverty and...
Persistent link: https://www.econbiz.de/10011106763