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Taking Iran as a case study, we analyze the effects of eliminating crude oil and fuel subsidies on the labour market … second directs revenue into increased investment. We investigate immediate versus gradual subsidy removal, focusing on the … Accounting Matrix of Iran. It is shown that rebating the extra revenue to households would adversely affect the labour market …
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Examining the economy-wide consequences of South Africa following a similar trajectory of labour market polarization to the rest of the world requires an appropriate database for an economy-wide policy analysis framework. This paper describes how a 2015 South Africa social accounting matrix...
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This paper presents three measures of the output gap estimated by a dynamic stochastic general equilibrium model of the Czech economy. We argue that the most plausible description of the business cycle provides the output gap defined as a deviation from a flexible price level of output, which is...
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