The labour market in CGE models

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URL:	https://ub-madoc.bib.uni-mannheim.de/31370
URN:	urn:nbn:de:bsz:180-madoc-313705
Document Type:	Working paper
Year of publication:	2011
The title of a journal, publication series:	ZEW Discussion Papers
Volume:	11-079
Place of publication:	Mannheim
Publication language:	English
Institution:	Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series:	Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject:	330 Economics
Classification:	JEL: C68 , D58 , J20 , J64,
Subject headings (SWD):	Arbeitsmarkttheorie , Arbeitslosigkeit , Arbeitsnachfrage , Arbeitsangebot , Allgemeines Gleichgewicht , Simulation , Theorie
Keywords (English):	computable general equilibrium model , labour market , labour Supply , labour demand , microsimulation , involuntary unemployment
Abstract:	This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal modelling options are distinguished and discussed: aggregated, representative households and microsimulation based on individual household data. On the labour demand side, we focus on the substitution possibilities between different types of labour in production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment.

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BASE: Boeters, Stefan ; Savard, Luc

Google Scholar: Boeters, Stefan ; Savard, Luc

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