The Labour Market in CGE Models

Stefan Boeters and Luc Savard

No 332216, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

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 di_x001b_erent types of labour in production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment.

Keywords: Labor and Human Capital; Consumer/Household Economics (search for similar items in EconPapers)
Pages: 96
Date: 2012
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Related works:
Working Paper: The Labour Market in CGE Models (2012)
Working Paper: The Labour Market in CGE Models (2011)
Working Paper: The labour market in CGE models (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332216

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