Bottom-up and top-down models are used to support climate policies, to identify the options required to meet GHG abatement targets and to evaluate their economic impact. Some studies have shown that the GHG mitigation options provided by economic top-down and technological bottom-up models tend...

This paper quantifies the contribution of Portuguese energy policies for total and marginal abatement costs (MAC) for CO2 emissions for 2020. The TIMES_PT optimisation model was used to derive MAC curves from a set of policy scenarios including one or more of the following policies: ban on...

Fiery economic debates about the effectiveness of devaluations have recently emerged in EMS and in other industrialized countries that maintain more or less officially pegged exchange rates. A rigorous assessment of this issue must pay careful attention to the interactions between real and...

We analyse the macroeconomic and distributional effects of increased oil excises in Belgium by combining a regional Computable General Equilibrium (CGE) model with a microsimulation framework that exploits the rich detail of household-level data. The link between the CGE model and the microlevel...