The Labour Market in CGE Models
Copyright policy )The Labour Market in CGE Models
This chapter reviews options of labor market modelling in a CGE framework. On the labor supply side, two principal modelling options are distinguished and discussed: aggregated, representative households and micro simulation based on individual household data. On the labor demand side, we focus on the substitution possibilities between different types of labor in production. With respect to labor market coordination, we discuss several wage-forming mechanisms and involuntary unemployment.
- Leibniz Association Germany
- Université de Sherbrooke Canada
- Centre For European Economic Research Germany
- Economic Policy Institute United States
- University of Mannheim Germany
330, Arbeitsmarkttheorie, Arbeitslosigkeit, involuntary unemployment, labour supply, D58, Arbeitsangebot, computable general equilibrium model, ddc:330, Arbeitsnachfrage, microsimulation, Allgemeines Gleichgewicht, labour market, computable general equilibrium model,labour market,labour supply,labour demand,microsimulation,involuntary unemployment, labour demand, C68, computable general equilibrium model, labour market, labour supply, labour demand, microsimulation, involuntary unemployment, J20, J64, Simulation, Theorie, jel: jel:C68, jel: jel:J20, jel: jel:J64, jel: jel:D58
330, Arbeitsmarkttheorie, Arbeitslosigkeit, involuntary unemployment, labour supply, D58, Arbeitsangebot, computable general equilibrium model, ddc:330, Arbeitsnachfrage, microsimulation, Allgemeines Gleichgewicht, labour market, computable general equilibrium model,labour market,labour supply,labour demand,microsimulation,involuntary unemployment, labour demand, C68, computable general equilibrium model, labour market, labour supply, labour demand, microsimulation, involuntary unemployment, J20, J64, Simulation, Theorie, jel: jel:C68, jel: jel:J20, jel: jel:J64, jel: jel:D58
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