Similar Search Results

The incentives to participate in, and the stability of, international climate coalitions: A game-theoretic analysis using the witch model

Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - 2009

This paper uses WITCH, an integrated assessment model with a game-theoretic structure, to explore the prospects for, and the stability of broad coalitions to achieve ambitious climate change mitigation action. Only coalitions including all large emitting regions are found to be technically able...

Persistent link: https://www.econbiz.de/10010279480

MaCGE-MOD: Malta's computable general equilibrium model

Cassar, Ian P.; Debono, Nathaniel; Deriu, Stefano; … - 2023

This paper introduces the latest addition to the modelling toolkit of the Central Bank of Malta: a static Computable General Equilibrium model for Malta named MaCGE-MOD. Developed through a collaboration with the University of Macerata, the model is a multiinput, multi-output and multi-sector...

Persistent link: https://www.econbiz.de/10014551551

Keeping the best of two worlds: Linking CGE and microsimulation models for policy analysis

Beņkovskis, Konstantins; Fadejeva, Ludmila; Pluta, Anna; … - 2023

In this paper, we link a CGE model with the tax-benefit microsimulation model EUROMOD for Latvia. The model linkage is … and wage in both models. We also incorporate the unreported wage payments in CGE and EUROMOD to account for the … the advantages of the joint CGE-EUROMOD system over the individual macro and microsimulation models. The lack of income …

Persistent link: https://www.econbiz.de/10014581829

Global food price shock and the poor in Egypt and Ukraine

Aboulenein, Soheir; El Laithy, Heba; Helmy, Omneia; … - 2010

The global food price shock of 2006-2008 has particularly affected poorer strata of populations in several developing countries. In Egypt and some other countries it has put food subsidy schemes to the test. This paper develops two comparable computable general equilibrium models for Egypt and...

Persistent link: https://www.econbiz.de/10011430844

Methodology for the Assessment of Spatial Economic Impacts of Transport Projects and Policies

Brocker, Johannes; Kancs, d’Artis - 2001

In this study we develop an integrated econometric and CGE modelling framework for transport projects and transport … formal structure of the integrated econometric and CGE modelling framework, explains the calibration and applies it to the …

Persistent link: https://www.econbiz.de/10011496019

RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the EU's Regional Policies

Kancs, d'Artis - 2010

This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...

Persistent link: https://www.econbiz.de/10011496131

Scenario analysis and the economic and financial risks from climate change

Ens, Erik; Johnston, Craig - 2020

Central banks are increasingly focused on the risks from climate change for the economy and financial system. Two sets of risks are of particular concern: physical risks from more frequent and severe weather events, and transition risks from the move toward a lower-carbon intensive economy. This...

Persistent link: https://www.econbiz.de/10012388835

Linking Global CGE models with Sectoral Models to Generate Baseline Scenarios: Approaches, Challenges, and Opportunities

Delzeit, Ruth; Beach, Robert; Bibas, Ruben; Britz, Wolfgang - In: Journal of Global Economic Analysis 5 (2020) 1, pp. 162-195

). Because sectoral models often offer a more fundamental understanding of future developments for specific sectors, many CGE … linking CGE models to sectoral models for the baseline calibration procedure and discuss challenges and best practices. We …

Persistent link: https://www.econbiz.de/10012415065

Parameter uncertainty in policy planning models: Using portfolio management methods to choose optimal policies under world market volatility

Mukashov, Askar - 2021

This paper suggests using portfolio management methods in policy planning models as a practical tool for determining optimal policy under model parameter uncertainty. We suggest that in addition to calculating the standard policy return estimates, policy options should also be analyzed from the...

Persistent link: https://www.econbiz.de/10012424900

Transition scenarios for analyzing climate-related financial risk

Chen, Henry; Ens, Erik; Gervais, Olivier; Hosseini, Hossein - 2022

In November 2020, the Bank of Canada launched a pilot project with the Office of the Superintendent of Financial Institutions aimed at better understanding risks to the economy and the financial system related to climate change. Part of this work included developing a set of Canada-relevant...

Persistent link: https://www.econbiz.de/10012888671