The objective of this study is to provide a European assessment of the potential effects of climate change on agricultural crop production computing monetary estimates of these impacts for the European agricultural sector. The future scenarios incorporate socio economic projections derived from...

This study contributes to the understanding of behavioural responses to climate change induced extreme weatherevents. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method is outlined using the empirical case of agricultural...

This study explains the results of trade reforms for a scenario where reduced tariffs for all imported commodities under the Uruguay Round (UR) since 1995. The Computable General Equilibrium (CGE) analysis and input-output data for Iran using a base year, 1991, were applied simulating the short...

General financial models have become workhorse models in the fields of macroeconomics and finance. These models have been developed and extensively studied by general equilibrium theorists. What makes them so applicable for macroeconomics and finance is the well accepted fact that models with a...

We quantify the effect of financial leverage on stock return volatility in a dynamic general equilibrium economy with debt and equity claims. The effect of financial leverage is studied both at a market and a firm level where the firm is exposed to both idiosyncratic and market risk. In a...

The current obesity crisis in the United States is generating numerous alternative policy options for combating the problem. One alternative that has been widely proposed is an excise or sales tax on sugar-sweetened non-alcoholic beverages. This literature started out within a very simple...

Due to the complexity of general and partialequilibrium models, conventional sensitivity analysis,qualitative reviews or literature-based meta-analyses donot allow for detailed assessments of the role ofindividual parameters and policy shocks across differentmodels. Therefore, the partial...

This paper analyses the impact of quality based labelling on product prices,factor allocation and the resulting effects on producers within the context of aninternational trading system. A general equilibrium model, calibrated to 1998 data,describes United States and European Union labelling...