The Energy Journal, Vol. 27, Special Issue: Multi-Greenhouse Gas Mitigation and Climate Policy (2006), pp. 251-273 (23 pages) The Version 5 of the POLES model has been developed for the assessment of ...
Discover how competitive equilibrium balances supply and demand in markets, maximizing economic efficiency for profit-driven producers and value-seeking consumers.
Empirical tests of the New Keynesian Phillips Curve have provided results often inconsistent with microeconomic evidence. To overcome the pitfalls of standard estimations on aggregate data, a Full ...