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260
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ECONIS (ZBW)
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81
General
Equilibrium
Cost Benefit Analysis of Education and Tax Policies
Heckman, James J.
;
Lochner, Lance
;
Taber, Christopher
-
2021
This paper formulates and estimates an open-economy overlapping generation
general-equilibrium
model of endogenous … investment responses. We compare an open economy version with a closed economy version. Using our empirically grounded
general
…
equilibrium
model that explains rising wage inequality, we evaluate two policies often suggested as solutions to the problem of …
Persistent link: https://www.econbiz.de/10013232148
Saved in:
82
International Trade and Macroeconomic Dynamics with Heterogeneous Firms
Ghironi, Fabio Pietro
;
Melitz, Marc J.
-
2021
We develop a stochastic,
general
equilibrium
, two-country model of trade and macroeconomic dynamics. Productivity …
Persistent link: https://www.econbiz.de/10013232449
Saved in:
83
Monopoly Power and Endogenous Product Variety : Distortions and Remedies
Bilbiie, Florin
;
Ghironi, Fabio Pietro
;
Melitz, Marc J.
-
2021
The inefficiencies related to endogenous product creation and variety under monopolistic competition are two-fold: one static—the misalignment between consumers and producers regarding the value of a new variety; and one dynamic—time variation in markups. Quantitatively, the welfare costs of...
Persistent link: https://www.econbiz.de/10013232463
Saved in:
84
The Impacts of an East Asia FTA on Foreign Trade in East Asia
Urata, Shujiro
;
Kiyota, Kozo
-
2021
-sector computable
general
equilibrium
model. The model used in this analysis is the standard GTAP model and GTAP database developed by …
Persistent link: https://www.econbiz.de/10013232755
Saved in:
85
Export Versus FDI
Helpman, Elhanan
;
Melitz, Marc J.
;
Yeaple, Stephen R.
-
2021
This paper builds a multi-country, multi-sector
general
equilibrium
model that explains the decision of heterogeneous …
Persistent link: https://www.econbiz.de/10013232882
Saved in:
86
Money and Interest Rates with Endogeneously Segmented Markets
Alvarez, Fernando
;
Atkeson, Andrew
;
Kehoe, Patrick J.
-
2021
This paper analyses the effects of open market operations on interest rates in a model in which agents must pay a fixed cost to exchange assets and cash. Asset markets are endogenously segmented in that some agents choose to pay the fixed cost and some do not. When the fixed cost is zero, the...
Persistent link: https://www.econbiz.de/10013232897
Saved in:
87
Profitable Informed Trading in a Simple
General
Equilibrium
Model of Asset Pricing
Dow, James
;
Gorton, Gary B.
-
2021
This paper presents a simple
general
equilibrium
model of asset pricing in which profitable informed trading can occur …
Persistent link: https://www.econbiz.de/10013232909
Saved in:
88
Gold, Fiat Money, and Price Stability
Bordo, Michael D.
;
Dittmar, Robert
;
Gavin, William T.
-
2021
-level targeting. In this paper, we develop a dynamic stochastic
general
equilibrium
model that we use to examine price dynamics under …
Persistent link: https://www.econbiz.de/10013232922
Saved in:
89
Tax Reform and the Dutch Labor Market : an Applied
General
Equilibrium
Approach
Bovenberg, A. Lans
;
Graafland, Johan J.
;
De Mooij, Ruud A.
-
2021
This paper employs MIMIC, an applied
general
equilibrium
model of the Dutch economy, to explore various tax cuts aimed …
Persistent link: https://www.econbiz.de/10013233002
Saved in:
90
Optimal Monetary Impulse-Response Functions in a Matching Model
Katzman, Brett
;
Kennan, John
;
Wallace, Neil
-
2021
The effects on ex ante optima of a lag in seeing monetary realizations are studied using a matching model of money. The main new ingredient in the model is meetings in which producers have more information than consumers. A consequence is that increases in the amount of money that occur with...
Persistent link: https://www.econbiz.de/10013233019
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