Showing 1 - 10 of 1,449
, with permanently lower income and trade volumes. However, a fully symmetric retaliation to an unilaterally imposed border …
Persistent link: https://www.econbiz.de/10011981211
This paper aims to investigate the effects of the introduction of an active welfare state measure in France, the Revenu de Solidarité Active, which replaced the old system of social minima. By using a micro-macro simulation model, we characterize the effects on households’ disposable income,...
Persistent link: https://www.econbiz.de/10011417243
equilibrium (CGE) macro model being used and how the macro and micro components of the methodology are connected together and …/or integrated. It thus starts from a simple framework where the two components are handled separately: the CGE model is static and … moves to more integrated variants, where results from both the CGE and micro models are looped back and forth, and also to …
Persistent link: https://www.econbiz.de/10014025270
This paper investigates the robustness of CGE models with respect to the elasticities of substitution in demand between … one of the most extensively used specifications in CGE modeling. For a long time the choice of the respective elasticities … of substitution has not been given much attention. We resimulate 50 published CGE policy simulations each a 1000 times …
Persistent link: https://www.econbiz.de/10011404273
This paper investigates the robustness of CGE models with respect to the elasticities of substitution in demand between … one of the most extensively used specifications in CGE modeling. For a long time the choice of the respective elasticities … of substitution has not been given much attention.We resimulate 50 published CGE policy simulations each a 1000 times and …
Persistent link: https://www.econbiz.de/10013000560
We estimate the variety gains of trade in Estonia, Latvia and Lithuania following the fall of the iron curtain more than a quarter of a century ago. We apply the methodology of Feenstra (1994); Broda and Weinstein (2006); Ardelean and Lugovskyy (2010) and Soderbery (2015) to domestic and...
Persistent link: https://www.econbiz.de/10012053512
computable general equilibrium (CGE) modeling imperfect substitution between imported and domestic varieties (the Armington … covers data preparation and introduces the GEMPACK purpose-built CGE software. MONASH modelers have responded to client …
Persistent link: https://www.econbiz.de/10014025289
The present paper studies the variety gains of regional integration in Asia. Applying a heterogenous firm model we are able to assess the gains arising from the increased product and consumer choice, which is not possible in trade models with representative firms. We analyse the impacts of the...
Persistent link: https://www.econbiz.de/10013142630
Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner...
Persistent link: https://www.econbiz.de/10011933676
Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner...
Persistent link: https://www.econbiz.de/10011936350