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Most economic models struggle to incorporate biophysical relationships between materials, energy and emissions, in order to appropriately deal with biophysical constraints of supply (and possibly also demand). After the incorporation of biophysical constraints, some functions produced surprising...
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I estimate regime-dependent spillover effects from government spending shocks across the members of the European Monetary Union (EMU). I use panel regressions for a total of 14 EMU economies from 1997 to 2022. Government spending shocks are defined by unexpected innovations to forecast...
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This paper uses a calibrated general-equilibrium model of North-South trade with carbon emissions to explore the strategic, open-economy implications of price and quantity based instruments for CO2 emission reduction. We compute non-cooperative environmental and trade policy equilibria and Nash...
Persistent link: https://www.econbiz.de/10014204236
Konjunkturpakets. Nach Schätzung zweier Berater von Präsident Obama liegt der Multiplikator für den Output deutlich über 1 und …- proportionaler Multiplikator (1,03), in den Jahren 2010 und 2011 sinkt der Multiplikator auf 0,61 bzw. 0,44. Diese Schätzung geht … Multiplikator- wirkung, sondern beinhaltet vor allem die Frage wie das langfristige Wirtschaftswachstum beein- flusst wird. Ein …
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the European Commission, respectively. The cumulative multiplier amounts to 0.7 and 1.0 in the baseline, but increases to … EZB und der Europäischen Kommission. Der kumulative Multiplikator beträgt 0.7 bzw. 1.0 in der Basislinie, steigt aber auf …
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