Economic downturn coupled with serious and persisting environmental problems require a
new regulation system to tackle these problems. The Portuguese government created the …

In this paper, we introduce an environmental multi-sector dynamic general equilibrium
model to analyze the effects of financing a labor tax reduction through higher consumption …

Given that exchange rate devaluations are no longer available in a monetary union, fiscal
devaluations are one potential way to address divergence in competitiveness and trade …

Budget-neutral tax wedge reductions rank high in the policy agenda of several EMU
member states. Using a New Keynesian DSGE model of a monetary union with a complex …

In this paper, we analyze structural changes and dynamic adjustments in a three-region
open-economy New Keynesian model with search and matching labor market and a life …

Using a DSGE model calibrated to the euro area, we analyze the international effects of a
fiscal devaluation (FD) implemented as a revenue-neutral shift from employer's social …

En los últimos años, los sistemas de renta básica universal y los sistemas de renta mínima
se han situado en el centro del debate público. Este artículo plantea el papel que jugarían …

En este trabajo se analizan los efectos de los sistemas de pensiones de reparto y
capitalización sobre el bienestar social. En concreto, el debate sobre la elección entre …

In this paper, we introduce a closed-economy version of the dynamicenvironmental multi-
sector general equilibrium modelEMuSeto analyze the effects of financing a labor tax …

Abstract We use a New Keynesian DSGE model with a rental housing market to evaluate
how financing a labor tax wedge reduction through higher property taxation affects the real …