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 ...
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 ...
This paper integrates a microsimulation (partial equilibrium) model of tax policy with a dynamic scoring approach to tax policy analysis using a dynamic general equilibrium macroeconomic model. Both ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We show that firms’ market power dampens the response of their output to monetary policy shocks, using firm-level data for ...
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