Peer group effects in applied general equilibrium

Testing for a unique equilibrium in applied general equilibrium models

This paper introduces a new and computationally inexpensive method to test for uniqueness of equilibrium in exchange economies. ( 1999 Published by Elsevier Science B.V. All rights reserved. JEL classixcation: C63; C68; D58

The Structure of Applied General Equilibrium Models

Beyond national economy-wide rebound effects: An applied general equilibrium analysis incorporating international spillover effects

On Sunk Costs and Trade Liberalization in Applied General Equilibrium

We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are arti ̄cially boosted by an unrealistic treatment of ̄xed costs. We introduce sunk costs into one such model calibrated with real-world data. We show how this changes the oligopoly game in a way signi ̄cant enough to a®ect, both qualitatively and q...

Economic Assessment of Carbon Tax policy: Applied Computable General Equilibrium Model

Unbalanced use of fossil fuels has made the environmental crisis as major challenge for governments. In the same methods, international and domestic institutions have designed and implemented various policies and plans to reduce greenhouse gas emissions, which are the cause of environmental pollution. One of the successful policies to reduce emissions is carbon tax policy. Considering the envir...