This paper documents the construction of an empirical recursive-dynamic computable general equilibrium (CGE) model of Poland's economy. It also describes in more detail how the social accounting matrix was assembled. Further, it presents a series of illustrative policy simulations using various model closures (neo-classical, "Keynesian" and mixed). Simulated policies were designed to enhance employment and consisted of a reduction in the tax wedge...
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2006/04/01
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An empirical recursive-dynamic general equilibrium model of Poland's economy - including simulations of the labor market effects of key structural fiscal policy reforms
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supply factor of production
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