Showing 1 - 10 of 4,127
We evaluate the macroeconomic impact of the legislative proposals contained in the third pillar of the Investment Plan for Europe using the RHOMOLO modelling framework. In particular, we study a number of proposals related to the Capital Markets Union, the Single Market Strategy, the Digital...
Persistent link: https://www.econbiz.de/10011981455
In this paper we assess the system-wide economic impact of the key financial instruments adopted by the European Union for the implementation of the regional policy: The Structural funds and The Cohesion Funds. We take a bottom-up approach by aggregating the 86 categories of expenditures defined...
Persistent link: https://www.econbiz.de/10011981477
equilibrium (CGE) model RHOMOLO. The former approach is used to calculate the sector-specific output multipliers following a … demand-side shock, while the CGE simulations provide evidence of significant spillover effects spreading beyond the Apulian …
Persistent link: https://www.econbiz.de/10011981489
This paper evaluates the macroeconomic impact on the euro area (EA) of the imposition of tariffs by simulating a multi-country New Keynesian model featuring the effective lower bound (ELB) on the EA monetary policy rate. The main results are as follows. First, the bilateral tariff dispute...
Persistent link: https://www.econbiz.de/10012824795
The risk of recurrent outbreaks following the main waves of a pandemic has been acknowledged. We provide evidence of … the scale and duration of this outbreak risk. We compile municipal public health records and use national data to model … the stochastic process of mortality rates after the main pandemic waves of two historical pandemics across multiple …
Persistent link: https://www.econbiz.de/10012698777
We assess the macroeconomic impact of pandemic-related monetary policy measures of the ECB. Conditioning on counterfactual interest rate paths that would have materialised in the absence of the policies, the macroeconomic effects are measured using structural vector autoregressions. In the...
Persistent link: https://www.econbiz.de/10012622376
elimination in a Computable General Equilibrium (CGE) model for Ukraine simulating three scenarios reflecting different means to …
Persistent link: https://www.econbiz.de/10011374322
employ a multi-region computable general equilibrium (CGE) model, focused on Austria and its major trading partners. We … wir ein multiregionales berechenbares allgemeines Gleichgewichtsmodell (CGE) mit Schwerpunkt auf Österreich und seine …
Persistent link: https://www.econbiz.de/10011392355
tariffs in the trade of the Customs Union and the EU. Analysis of the effects is made using CGE Globe v1 model. We estimate …
Persistent link: https://www.econbiz.de/10011398279
We assess recent Chinese climate policy proposals in a multi‐region, multi‐sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate...
Persistent link: https://www.econbiz.de/10010258785