Navigating geopolitical crises for energy security: Evaluating optimal subsidy policies via a Markov switching DSGE model
This paper aims to provide insights on the design of optimal subsidy policies to enhance energy security amidst energy disruptions triggered by geopolitical conflicts. We introduce a novel Markov switching dynamic stochastic general equilibrium (MS-DSGE) model to address the limitations of existing...
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Main Authors: | CHAN, Ying Tung, PUNZI, Maria Teresa, ZHAO, Hong |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2024
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Online Access: | https://ink.library.smu.edu.sg/skbi/33 https://ink.library.smu.edu.sg/context/skbi/article/1032/viewcontent/NavigatingGeopoliticalCrises_av.pdf |
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Institution: | Singapore Management University |
Language: | English |
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