To address common structural imbalances and test emerging policy measures of the labor markets in a typical gulf cooperation council country, a prototype “macro-micro” economic model is developed. The model consists of a dynamic computable general equilibrium model that interacts with a labor market submodel and a discrete-event labor allocation computer simulation module. The results of applyi...

We analyse a single sector economy with H > 1 infinitely-lived agents that operate in a continuous-time framework. Utility functions are recursive but not additive. Both efficient and perfect foresight competitive equilibrium allocations are considered. The existence and stability of such allocations are investigated locally, i.e., in a neighbourhood of steady-state allocations. The model is sh...

Pollutants of Carbon flow virtually by streaming the Goods and services among the countries. Due to the Carbon Footprint (CFP) in economical divisions as well as subdivisions in Iran, the main objective of this paper is to specify the effects of Carbon footprint on import and export of various sections in the framework of Computable General Equilibrium Model. It’s used the social accounting mat...

Despite major public finance reform efforts over the last decade, Myanmarese finances continue to be characterized by relative weakness in revenue collection, budget execution, and long-term sustainability. Myanmar is therefore need of comprehensive reform. Two top priorities Sustainable Development Plan are establish a fair efficient tax system increase government revenues, ensure effective fi...

This paper estimates the effects of increase in Iran’s non-oil exports on its economic growth as well as sectoral outputs, using a single country, comparative static, exogenous policy Computable General Equilibrium (CGE) model. The paper also investigates the share of tradable sectors in reaching to the targeted growth rate (8%) in 5th socio-economic development plan. For this purpose, the para...

We introduce agent-based dynamics in a class of Arrow-Debreu economies with capital accumulation and technological progress. In this framework we confirm results obtained by [Gintis 2006] and [Gintis 2007] in an exchange economy: the micro-behavior of boundedly rational agents can lead to the emergence of equilibrium at the macro-level provided some form of collective optimization takes place v...

We incorporate forward?looking capital accumulation into a dynamic discrete choice model of migration. characterize the steady?state equilibrium; generalize existing exact?hat algebra techniques to investment; and linearize provide an analytical characterization economy's transition path using spectral analysis. show that labor dynamics interact shape speed adjustment toward steady state. imple...