Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. In macroeconomics, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. General equilibrium theory, or Walrasian ...

We present a general equilibrium model of the new neoclassical synthesis that has the same level of generality as the Arrow-Debreu model. This involves a stochastic multi-period economy with a ...

There are a wide variety of theoretical general equilibrium models with incomplete security markets. In this paper we give a general recipe for using homotopy algorithm to compute equilibria in these ...

The Republic of Marshall Islands (RMI) faces severe challenges due to its vulnerability to climate change and natural ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The paper presents a simple supply side, general equilibrium model to estimate the macroeconomic effects of labor tax cuts.

Stephen Woodcock does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...