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Computable General Equilibrium Modeling
Many books have been written on computable general equilibrium (CGE) modeling. However, there are certain important areas for economic policy that have been largely overlooked. This intermediate/advanced text presents the topic as a methodology for the analysis of macro and fiscal policies in modern economies while introducing levels of disaggregation that are beyond the scope of standard macro models. The book begins by presenting the historical and intuitive background of general equilibrium analysis. Moving on, computer software is introduced to derive numerical solutions for economic models. The authors provide examples of code, bringing in data sources that have become the foundations o...
The Russia–Ukraine War and Its Implications on Central Asia
The Russia–Ukraine War and its Implications for Central Asia: Resilience, Connectivity, and Decolonization embarks on a comprehensive exploration of the profound impacts of the Ukraine conflict on Central Asia, viewed through the prism of the region's scholars. This book assesses the geopolitical transformation, economic shifts, and the evolving narratives of national and regional identities, underpinned by thirty years of nation-building and current socio-economic realities. This collection critically navigates between the dual forces of emerging expectations for change, decolonization, and the strong undercurrents of path dependence and local socio-economic constraints. Furthermore, it p...
Index Medicus
Vols. for 1963- include as pt. 2 of the Jan. issue: Medical subject headings.
The Poverty Implications of Alternative Tax Reforms
This paper presents results from four simulations of the impact of potential tax reforms in Pakistan on poverty, shared prosperity, and inequality. The simulations are carried out in the context of a dynamic computational general equilibrium model that incorporates endogenous tax evasion. The simulations link the computational general equilibrium model to household survey data that are incorporated in a micro simulation model. The combined models suggest that equal yield increases in sales and corporate tax rates differ mildly in their impacts on consumption and poverty. Endogenously modeled tax evasion plays an important role in the results.
A Handbook of Alternative Theories of Public Economics
This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream views. The book takes a comprehensive interdisciplinary approach, drawing on economi
Public Capital and Growth
This paper estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001. Using the production function and its extensions, it finds a positive - but concave - elasticity of output with respect to public capital, which is robust to changes in time intervals and varying depreciation rates. Furthermore, in non-OECD countries the growth impact of public capital is higher once longer time intervals are considered.
Informality
Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
