This paper surveys some recent developments in equilibrium analysis based on a differential viewpoint. They deal with the structure of the set of equilibria, with the study of regular and singular ...

In partial equilibrium competitive models in which emissions are proportional to output, the optimal output of individual firms in a polluting industry is the same with or without a Pigouvian tax. The ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies.

Janet Stotsky profiles Kenneth J. Arrow, a Nobel Prize–winning theorist who has done pioneering work in many areas of economics Kenneth J. Arrow's path-breaking contributions to economic theory in the ...

At this Macroeconomics, Trade, and Investment (MTI) seminar on May 5, 2022, Professor Mark Aguiar (Princeton University), following the book “The Economics of Sovereign Debt and Default,” used ...