CGE models are a widely used and accepted technique for policy evaluation and impact analysis. The modeling technique is especially useful in the analysis of trade reforms, tax reforms, energy sector reform and development policy analysis. However, the results of such models are often argued to...

This paper suggests a demand side analysis of informal employment characterised by incompliances with labour tax regulation using a general equilibrium model with overlapping generations. A public social insurance provide benefits to formal employees in retirement, while we allow for an informal...

It is now well accepted in both academic and policy worlds that human capital accumulation plays a significant role in the increase of standards of living in different countries. Education is a primary source of human capital and is a key aspect in public policies to develop human capital. From...

Energy-Economy-Environment (E3) modelers have called to develop “hybrid” models that aim at reconciling bottom-up and top-down approaches (Hourcade et al. 2006) to overtake their respective limits: on the one hand, engineers focus on the fine representation of technologies but without taking...

This paper provides empirical estimates of the impact of immigration on economic growth. A dynamic overlapping generations computable general equilibrium (OLG-CGE) model is used for this purpose. The basic structure of the model follows in the Auerbach and Kotlikoff tradition. However, the model...

Ghersi and Hourcade (2006) proved that the impact of technical constraints (often derived from bottom-up models) may result in strong macroeconomic impacts. Therefore, the modeling choices of the representation of technical change in CGE models affect the evaluation of the cost of climate and...