This paper develops and estimates a new-Keynesian dynamic stochastic general
equilibrium (DSGE) model for the analysis of fiscal policy in the UK. We find that government …

Computable General Equilibrium (CGE) models are now routinely utilized for the evaluation
of trade policy reforms, yet they are typically quite highly aggregated, which limits their …

The two major candidates in the 2016 presidential election made sharply different proposals
for reforming the Federal tax code. Donald Trump proposed cutting taxes to provide “tax …

We explore characteristics of the UK labour market with special emphasis on explanation of
the existing wage inequalities, determinants of participation and variation in the magnitude …

By replacing the current income tax with a national sales tax, the FairTax proposal would
end the double taxation of saving inherent in the existing tax code and, by doing so, raise …

According to recent econometric studies, technical progress is the main source of the
increasing skill premium in the UK and the US. However, it is not yet clear if technical …

I employ two alternative intra‐industry trade Applied General Equilibrium (AGE) models to
explain some stylised facts of the British economy. The model with skill‐biased technical …

Determinants of Wages and Labour Supply in the UK IDEAS home Advanced search
Economic literature: papers, articles, software, chapters, books. Authors Institutions …

Dynamic multi-sectoral and multi-household general equilibrium models are constructed to
show how the economies of Germany, France, Spain and the United Kingdom will evolve …

This paper reviews the Keynesian IS-LM model and the neoclassical and endogenous
economic growth models that are widely used in analysing fluctuations of output in the short …