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 ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

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 ...

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.