A Description of the MACBETH Model

Michael Hopkins

Chapter 4 in Labour Market Planning Revisited, 2002, pp 74-106 from Palgrave Macmillan

Abstract: Abstract To counteract the pessimism of manpower forecasting models and to provide a flexible tool to examine alternative future scenarios of the manpower planning problem, the author created the MACBETH (MAcro Compter Based EmploymenT Heuristic) model. The main equations of the model are described in this chapter followed by an application to Sri Lanka in chapter 5. A list of input/output variables and examples of the computer program menus for the MACBETH software is given in the Appendix.

Keywords: Labour Demand; Output Ratio; Graduation Rate; Investment Rate; Projection Period (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-2026-3_4

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DOI: 10.1057/9781403920263_4

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