Sentence examples for have general equilibrium from inspiring English sources
This would imply budget reallocations between programs and spending categories that can have general equilibrium economic and welfare effects.
Our paper focuses on testing the partial equilibrium implications of the model, as the SSP is a small-scale experiment that is unlikely to have general equilibrium implications for the labor market.
Recently a number of papers have used general equilibrium models to study the economy-wide and environmental consequences of the first generation of biofuels (FGB).
As Bell et al. (1999) note, some analysts argue that wage subsidies to the long-term unemployed may also have beneficial general equilibrium effects.
6 Layard (1997), and Bell et al. (1999) argue that wage subsidies to the long-term unemployed may have beneficial general equilibrium effects because working increases their human capital and also their earnings.
This is, of course, not to say that NREG has been ineffectual as a safety net for the poor, only that it is evidently too small of a labor market intervention to have detectable general equilibrium effects.14 Fig. 10 State-wise NREG participation in rural India, 2011 2012 Fig. 11 Group-wise NREG participation in rural India, 2011 2012.
The second consideration is that we have not allowed for general equilibrium effects.
(1) Neoclassical models such as game theoretical or general equilibrium models have the advantages of enabling deriving causal relations and being easily applicable, yet they often lack external validity.
Although economic and environmental models have tested the integration of many renewable energy technologies, a rigorous evaluation of ADs within a computable general equilibrium model has yet to be completed.
Thus, each component of the general equilibrium model has empirical support.
