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This study reports estimates from a model of the economic effects of 4G mobile wireless technology adoption in the United States on employment and economic growth and, based on those results, projects the benefits of 5G adoption under different counterfactual scenarios.
Persistent link: https://www.econbiz.de/10014439104
A new options-pricing formula applies to far-out-of-the money put options on the stock market when disaster risk dominates, the size distribution of disasters follows a power law, and the economy has a representative agent with Epstein-Zin utility. The elasticity of the put-options price is one...
Persistent link: https://www.econbiz.de/10014439200
This paper integrates a microsimulation (partial equilibrium) model of tax policy with a dynamic scoring approach to tax policy analysis using a dynamic general equilibrium macroeconomic model. Both approaches have strengths and weaknesses. Our integration of the two models combines the strength...
Persistent link: https://www.econbiz.de/10014439232
Mortality and economic contraction during the 1918–1920 Great Influenza Epidemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19).
Persistent link: https://www.econbiz.de/10014439305
Purpose – This paper aims to examine the factors of growth of a developing country such as China. Because of the existence of domestic distortions, the traditional approach of using the growth of gross domestic product (GDP) to represent economic growth of the economy is not appropriate. This...
Persistent link: https://www.econbiz.de/10005081226
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including the degree of openness, institutional change and sectoral change, based on a cross-province dataset. Our methodology …
Persistent link: https://www.econbiz.de/10010301486
openness changes to Lithuanian economy. To realize this aim the analysis of scientific literature was carried out, i.e. there … economies and differences between small economies. In the final part of this diploma paper the openness impact to economic … growth in small and large economies was examined. Also there was determined the openness impact (in point of other factors …
Persistent link: https://www.econbiz.de/10009478193