This paper generalises previous results on the identification of rational expectations (r.e.) models, establishing necessary and sufficient conditions on the structural form of static and dynamic models, without specific ...

We identify trade in goods opportunities in a EU-Mercosul free trade area. Gains for Mercosul are rather concentrated, being mostly associated with a few agricultural commodities which face high protection barriers. EU ...

This paper presents general equilibrium evaluations of the MERCOSUL. Three scenarios are examined, varying from increased world regionalism to an optimistic multilateral situation. Welfare gains are significant for Uruguay, ...