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This paper describes how factor markets are presented in applied equilibrium models and how we plan to improve and to extend the presentation of factor markets in two specific models: MAGNET and ESIM. We do not argue that partial equilibrium models should become more ‘general’ in the sense...
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Analyzing economic impacts of disasters has attracted interest from a wide audience in recent years, not only because of the frequent occurrence of large natural disasters worldwide but also because of the spread of terrorism to a global scale. This paper reviews past modeling studies for...
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. Only 1.8% of the papers were extensions, and they consumed 1.1% of the journal space. On average, these extensions appeared … extensions typically produced results that conflicted with the original studies; of the 20 extensions published, 12 conflicted …
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variation in the timing and size of UI benet extensions across states to estimate the overall impact of these extensions on … 2000-2005 and 2007-2012, we estimate the eects of UI extensions on unemployment transitions and duration. We rely on … arising from both sets of UI extensions. The eect on exits and duration is primarily due to a reduction in exits from the …
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