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This paper presents a capability-augmented model of on the job search, in which sweatshop conditions stifle the capability of the working poor to search for a job while on the job. The augmented setting unveils a sweatshop equilibrium in an otherwise archetypal Burdett-Mortensen economy, and...
Persistent link: https://www.econbiz.de/10010269588
This paper presents an integrated economy-energy-climate model WIAGEM (World Integrated Assessment General Equilibrium …. WIAGEM bases on 25 world regions which are aggregated to 11 trading regions and 14 sectors within each region. The …
Persistent link: https://www.econbiz.de/10011608833
Energy is an important commodity in many economic activities. Its usage affects the environment via CO2 emissions and the Greenhouse Effect. Modeling the energy-economyenvironment-trade linkages is an important objective in applied economic policy analysis. Previously, however, the modeling of...
Persistent link: https://www.econbiz.de/10010260900
Why do some countries establish their own national eco-labeling programs and some do not? In this paper, we provide both theoretical arguments and empirical evidence suggesting that the answer to this question can shed new light on three questions that have taken center-stage in the trade and...
Persistent link: https://www.econbiz.de/10010323644