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This paper explores the capacity of computable general equilibrium (CGE) models to track down policy induced economic … counterfactual equilibrium is translated into a virtual SAM, conformal with the initial one, which is in turn reused to calibrate the …
Persistent link: https://www.econbiz.de/10009416960
The purpose of this paper is to examine the growth and the structure of employment in the service sector in the Spanish Economy from 1958 to 1989 and to draw comparisons with the trends exhibited by other European countries. In contrast to the explanation offered by the theory of stages, which...
Persistent link: https://www.econbiz.de/10014191235
Cameroon is engaged in the Poverty Reduction Strategy Paper (PRSP) process, which emphasizes increased focus on poverty reduction in the design and implementation of growth and adjustment strategies. The Integrated Macroeconomic Model for Poverty Analysis (IMMPA) framework recently developed at...
Persistent link: https://www.econbiz.de/10014208553
declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … each economy. At each level, something different happens in equilibrium. We employ intermediaries to settle prices through …
Persistent link: https://www.econbiz.de/10005408069
general equilibrium (CGE) model of the economy is employed. Moves to maintain labour market stability by issuing additional …
Persistent link: https://www.econbiz.de/10010735571
Tunisia. Overall, the simulation results from both a Computable General Equilibrium (CGE) model and Social Accounting Matrixes …
Persistent link: https://www.econbiz.de/10011170045
Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.
Persistent link: https://www.econbiz.de/10011342557
This contribution concerns models and theories of structural economic dynamics. The theories and models analyzed in the paper follow two different approaches, circular and vertical, in the analysis of structural dynamics. The content of this contribution is essentially methodological. This work...
Persistent link: https://www.econbiz.de/10011260828
methods of decomposition of the productive systems, the problem of complexity and the strategies to reduce complexity. …
Persistent link: https://www.econbiz.de/10010898023
decomposition of the productive systems, the problem of complexity and the strategies to reduce complexity. …
Persistent link: https://www.econbiz.de/10011110346