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Economists have tended to view emissions pricing (e.g., cap and trade or a carbon tax) as the most cost-effective approach to reducing greenhouse gas emissions. This paper offers a different view. Emp...
For a number of reasons a large class of general equilibrium models from the field of resource economics does not allow for an equilibrium analysis along the lines of the theory of infinite dimensiona...
For a number of reasons a large class of general equilibrium models from the field of resource economics does not allow for an equilibrium analysis along the lines of the theory of infinite dimensiona...
A general equilibrium framework is used to study the regional economic effects of infrastructure improvements designed to reduce the costs of interregional trade. The results suggest that in the short...
This paper examines the potential long-term impacts of global climate change on agricultural production and trade in the People’s Republic of China (PRC). Using an economy-wide, global computable ge...
This paper provides new estimates and tests of a number of leading general equilibrium theories of the price of equity and, to our knowledge, the first estimates of the time-varying equity premia impl...
中山大学中级微观经济学课件:14. General Equilibrium Theory。
General equilibrium with endogenous uncertainty and default Graciela ChichilniskyColumbia University, United States Ho-Mou WuCollege of Management, University of Taiwan and China Center for Economic R...
The paper presents and tests a theory of the demand for money that is derived from a general equilibrium,endogenous growth economy, which in effect combines a special case of the shopping time exchang...
Current trade policy pursued by the Sri Lankan government on rice can best be described as adhoc as it is characterized by protecting farmers during glut seasons and consumers during deficit seasons. ...
Nowadays mainstream economic textbooks maintain that economic laws can be established solely on the foundations of the exact sciences, such as mathematics or physics. The implication is that the his...

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