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We describe the construction of an integrated assessment model of the economy and the climate. The framework is quantitatively oriented—it is constructed to account for the main global macroeconomic and climate facts—and its structure is a dynamic, stochastic general-equilibrium model. It is...
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The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by …
Persistent link: https://www.econbiz.de/10013519517
This study was motivated by the quest to investigate how the interaction between corruption and institutional quality affects Nigeria's economic performance by testing the validity of the "sand the wheels" and "grease the wheels" corruption hypothesis through the Barro-type endogenous growth...
Persistent link: https://www.econbiz.de/10013415841
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