Climate change and outdoor air pollution are two of the most challenging environmental issues that modern society faces. These challenges are strongly linked through their emission sources, the sectors they affect and the policies that can be implemented to reduce emissions. They also interact...

Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This paper undertakes a review of 17 state-of-the-art recursive-dynamic computable general...

State tax revenues from casinos as a share of total state gaming revenues generally correlate well with the year of legalization. Theoretically speaking, heavy tax rates should dampen growth of the casino revenues in states that adopt them. Indeed, states with lower tax rates tend to have larger...

We develop a general equilibrium model of earnings, income and wealth heterogeneity in continuous time. We extend existing analytical and numerical methods to solve the model. We calibrate the model to U.S. data and find that stochastic interest rates provide a mechanism to link earnings, income...

This paper aims to evaluate a number of spatial aspects of Brazil s cu- rrent commercial policy,emphasizing those relating to bilateral trade with Argentina, its main trading partner in Mercosur.A national computable general equilibrium mo- del was developed and implemented (EFES-ARG)integrated...

Computable general equilibrium (CGE) models are regularly used for assessing the impacts of environmental policies on the economy. This article applies this methodology for global climate policy using the world GEM-E3 CGE model. An emissions reduction scenario meeting the EU 2 degrees target is...

This paper analyzes the qualitative properties of a multisectoral, multiregional computable general equilibrium model where some industries include heterogeneous firms as in Melitz (2003). The model, formulated according to Roson, R. and Oyamada (2014), adds endogenous productivity effects to a...

Computable general equilibrium models have been widely used in tariff policy assessment as a tool for the analysis and evaluation of scenarios, with the aim to ascertain the effects of these policies on the economy. This paper reviews the assessments to the Free Trade Agreement between Colombia...

This article addresses one specific criticism that can be raised against economic climate change impact assessments conducted with Computable General Equilibrium (CGE) models: that of overly optimistic assumptions about markets’ ability to react to climate change induced shocks, i.e....

Expenditure of the German statutory health insurance scheme will increase significantly in the future. In order to keep the system financially sound, current law plans to levy income independent surcharges. These will be complemented by a tax-financed social compensation scheme. In this paper,...