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We introduce an environmental dimension into a real-business-cycle model augmented with a detailed government sector. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999-2016). We investigate the quantitative importance of...
Persistent link: https://www.econbiz.de/10011810786
presence of pollution, and evaluated it relative to the exogenous (observed) one in Bulgaria, an economy with a largely …
Persistent link: https://www.econbiz.de/10011811776
presence of pollution, and evaluated it relative to the exogenous (observed) one in Bulgaria, an economy with a largely …
Persistent link: https://www.econbiz.de/10011926182
We introduce an environmental dimension into a real-business-cycle model augmented with a detailed government sector. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999-2016). We investigate the quantitative importance of...
Persistent link: https://www.econbiz.de/10011860756
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