Sentence examples for using a general equilibrium from inspiring English sources

Hopenhayn and Rogerson (1993), using a general equilibrium model with entry and exit of firms, show that a tax on job destruction can reduce employment rate significantly.

In this study we assess the impact of the Working Income Tax Benefit (WITB) on labour supply, GDP and income distribution in Canada, using a general equilibrium microsimulation model.

For example, Hertel et al. [17] using a general equilibrium model showed that full accounting for market-mediated price responses to ethanol production, as well as the geography of world trade, contributed to significant reductions in estimated ILUC impacts.

By using a general equilibrium model with heterogeneous agents, we simulate the Spanish consolidation episode that occurred between 1996 and 2007 to assess the underlying welfare and inequality effects.

Using a general equilibrium model where material is first extracted, then used for producing a consumption good, recycled, and finally treated to reduce environmental damage, we study efficiency-restoring policies, when one or more of the constituent markets are inactive.

For instance, Kanemoto et al. (2006) and Tanaka (2007) conducted simulations using a general equilibrium model for electricity market deregulations and hypothesized a price elasticity of −0.1 for electricity demand, drawing on their assertion that the absolute value of elasticity is extremely low in Japan.

To aid forecasting and hence the setting of interest rates, the Bank of England, for example, uses a general equilibrium model of the economy called Compass which, it is true but hard to believe, leaves out the role of banks.

Using a computable general equilibrium model in this context allows us to investigate the interactions among sectors, illustrated here in the novel linkages between agriculture and energy production.

By using a computable general equilibrium (CGE) model of China that incorporates detailed renewable power generation technologies and considers labor market imperfections, our study tries to fill this gap and quantifies the full scope of job changes (direct, indirect and induced) brought by renewable energy development in China.

The case is further demonstrated using a simple general equilibrium model of recycling in the next section.

Using a simple general equilibrium approach, we consider the possibility that the assimilative capacity of the environment is eventually exhausted by pollution accumulation.