Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. In macroeconomics, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. General equilibrium theory, or Walrasian ...

Journal of Economic Integration, Vol. 23, No. 3, Special Issue (September 2008), pp. 605-630 (26 pages) This paper discusses the early establishment in Australia of CGE modeling as a major policy tool ...

This paper examines the Laffer argument (i. e., the possibility that an increase in a tax rate may reduce tax revenues, and vice versa) in a general equilibrium model and using tax reform techniques.

I have observed and appreciated Olivier Blanchard’s intellectual journey over the last decade. It began in August 2008, with what must be regarded as one of the worst-timed papers in the history of ...

This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of ...

Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The paper presents a simple supply side, general equilibrium model to estimate the macroeconomic effects of labor tax cuts.

Green, Jerry R. "Temporary General Equilibrium in a Sequential Trading Model with Spot and Futures Transactions." Econometrica 41, no. 6 (November 1973): 1103–1123.

China introduced the world's largest emissions trading system in 2021 which is intended to help cost-effectively achieve its pledges of reaching a peak in CO2 emissions before 2030 and carbon ...

Hugo Sonnenschein, the Adam Smith Distinguished Service Professor in Economics, has received an important international prize in recognition of his contributions to economic theory. Watch video ...