President Trump’s tariff moves have jolted markets and thrust business leaders into deep uncertainty. Developing a better ...

Entropic consideration plays the essential role in understanding equilibrium in the macroeconomy comprising heterogeneous agents. Curiously, it has been long ignored in economics. In fact, the idea of ...

Foundations of International Macroeconomics, MIT Press, 2000; P Aghion & P Howitt, Endogenous Growth Theory, MIT Press 1998; C A Pissarides, Equilibrium Unemployment Theory, MIT Press 2000. References ...

IMF-ENV is a dynamic general equilibrium model developed by the IMF to assess the macroeconomic impacts of climate, energy, and trade policies across 160 countries and 76 sectors. It enables detailed ...