La prévision de l’emploi dans le modèle de l’IRIC

Yves Rabeau
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Yves Rabeau: Université de Montréal

L'Actualité Economique, 1976, vol. 52, issue 2, 149-168

Abstract: Final demand determines output in commercial non agricultural industries (Q). Employment is linked to Q by a distributed lag mechanism. In turn employment has an impact on other parts of model. In particular employment appears as a determinant of the labour supply and of the distribution of income. The latter is closely related to the structure of final demand. Hence, employment is a key-variable when one uses the model to make a forecasting exercise.

Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:ris:actuec:v:52:y:1976:i:2:p:149-168

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