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design of cost-effective CO2 emission trading schemes. For this purpose, we develop a dynamic general equilibrium model that …
Persistent link: https://www.econbiz.de/10003728655
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This paper advocates computable general equilibrium models as a methodological tool that is particularly suitable for …-offs. Computable general equilibrium models can incorporate various important sustainable development indicators in a single consistent …
Persistent link: https://www.econbiz.de/10010297382
We investigate the importance of ?what?-flexibility on top of ?where?- and ?when?-flexibility for alternative emission control schemes that prescribe long-term temperature targets and eventually impose additional constraints on the rate of temperature change. We find that ?what?-flexibility...
Persistent link: https://www.econbiz.de/10010297390
This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model … technical change, and the economy. We derive the equilibrium determinants of biased technical change and show the importance of … equilibrium bias. If the feedback effect is strong, or the substitution elasticity large, or both, our model tends to a corner …
Persistent link: https://www.econbiz.de/10010297442
The objective of our analysis is to find out whether an increase in working time without pay compensation can be considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous: On the one hand, as the increase in working time...
Persistent link: https://www.econbiz.de/10010297449
approximation of the infinite-horizon equilibrium. Second, and central to the economic assessment of climate policies, the …
Persistent link: https://www.econbiz.de/10010297469
framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint implementation with …
Persistent link: https://www.econbiz.de/10010297708