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reduction policy and on the specification of the labour market. The institutional settings analysed are related to the degree of … restriction in the second part of the analysis in order to test alternative (more rigid) labour market specifications. The major … beats not always unilateral actions. 3) Labour market rigidities play a crucial role to both, the double dividend and the …
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The specification of the world closure, i.e. the way of closing the domestic economy model by incorporating the external sector, is a crucial component for those models in which production and consumption is not specified endogenously for all countries. This paper looks explicitly at the...
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international market and use the receipts to reduce public deficit is one way, but it has no direct impact on demand. Other, more …
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economic efficiency and market functioning. However, as our model simulations indicate, national deposition targets will be …
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present energy intensity and energy mix. Under growth there will be a positive market price for permits with demand by …
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