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A Dynamic Baseline Calibration Procedure for CGE models
Baseline assumptions play a crucial role in conducting consistent quantitative policy assessments for dynamic Computable General Equilibrium (CGE)...
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Estimating the economic and climate impacts of nuclear power in Turkey: hypothetical integration and dynamic CGE analysis
Turkey is launching a nuclear power plant (NPP) that will go operational in 2023. While it is expected to contribute to secure supply of energy,...
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Parameter Tuning for Baseline
The model developed in Chaps. 2 and 3 has many parameters (33 in total)....
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Static and dynamic inefficiencies in an optimizing model of epidemics
Several externalities arise when agents shield optimally to avoid infection during an epidemic. We classify externalities into static and dynamic and...
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Object Oriented (Dynamic) Programming: Closing the “Structural” Estimation Coding Gap
This paper discusses how to design, solve and estimate dynamic programming models using the open source package
niqlow . Reasons are given for why...
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Ad valorem versus unit taxes on capital in a dynamic stochastic general equilibrium model
This paper is the first attempt to adopt a dynamic stochastic general equilibrium (DSGE) framework with nominal price rigidity and monopolistic...
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Wage bargaining as an optimal control problem: a dynamic version of the efficient bargaining model
In this paper, I develop a dynamic version of the efficient bargaining model grounded on optimal control in which a firm and a union bargain over the...
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Dynamic pricing of free-floating carsharing networks with sensitivity to travellers’ attitudes towards risk
Free-floating carsharing (FFCS) systems are characterised by volatile fleet distribution as well as customers’ heterogeneous price sensitivity and...
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Measuring economic impact in Korea, Japan, India, China, and ASEAN considering agricultural sectors: a dynamic CGE approach based on GAMS
Tariff removal has always a positive impact on increasing trade between countries. Trade liberalization always leads to an expansion in intraregional...
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Economic Analysis of New Industrial Clusters with Digital Technologies Under the COVID-19 Pandemic and Declining Population in Japan for 2011–2040: A Dynamic Four-Region CGE Model Approach
In the former part of this chapter, based on the premise that in addition to the aging and declining population, fiscal consolidation of both the...
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A clustering based traffic flow prediction method with dynamic spatiotemporal correlation analysis
There are significant spatiotemporal correlations among the traffic flows of neighboring road sections in the road network. Correctly identifying...
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Weighted Residuals Methods
This chapter introduces readers to global methods, which, unlike local perturbation methods, draw on information from various points in the state...
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A Generalized Time Iteration Method for Solving Dynamic Optimization Problems with Occasionally Binding Constraints
We study a generalized version of Coleman (J Bus Econ Stat 8:27–29, 1990)’s time iteration method (GTI) for solving dynamic optimization problems....
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Trade Integration, Industry Reallocation, and Welfare in Colombia
We study empirically and theoretically the dynamic effects of the unilateral reduction in import tariffs undertaken by Colombia from 1989 to 1993,...
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Labour Market Module and Its Application—The Economic Effects of Facilitating the Flow of Rural Workers to Urban Employment in China
China’s household registration system—hukou system prevents rural workers from freely moving to the urban sectors. In this chapter, we introduced an...
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Monetizing the externalities of animal agriculture: insights from an inclusive welfare function
Animal agriculture encompasses global markets with large externalities from animal welfare and greenhouse gas emissions. We formally study these...
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Alternative Models
In this chapter, we study permutations of our baseline model to explore the implications of alternative assumptions about how labor markets work and...
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Does Rationalization Improve Economy-Wide Welfare? A General Equilibrium Analysis of a Regional Fishery in a Developed Country
This study uses a bioeconomic regional computable general equilibrium (CGE) model to assess the economic and welfare effects on a sub-national region...
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Machine learning approach to residential valuation: a convolutional neural network model for geographic variation
Geographic location and neighbourhood attributes are major contributors to residential property values. Automated valuation models (AVM) often use...
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The Keynesian nexus between the market for goods and the labour market
In this paper, I build on the Keynesian analysis of the market for goods to draw some implications on the dynamic behaviour of some typical labour...
