The Impact of the Multifiber Agreement Phaseout on Unemployment in Tunisia: A Prospective Dynamic Analysis

Using a dynamic general equilibrium model, the paper provides a quantitative assessment of the impact of the Multifiber Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits the analysis of the effects of the shock on consumption and investment in the long run. By including a multisectoral model of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the negative effects of the shock.

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Year of publication:	2005
Authors:	Marouani, Mohamed A.
Publisher:	Göttingen : University of Göttingen, Center for European, Governance and Economic Development Research (cege)
Subject:	Arbeitslosigkeit \| Effizienzlohn \| Allgemeines Gleichgewicht \| Welttextilabkommen \| Tunesien \| Unemployment \| dynamic general equilibrium model \| efficiency wages \| multifiber agreement \| Tunisia

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Series:	cege Discussion Papers ; 39
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	477922570 [GVK] hdl:10419/22166 [Handle] RePEc:zbw:cegedp:39 [RePEc]
Classification:	D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; F16 - Trade and Labor Market Interactions ; D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; D58 - Computable and Other Applied General Equilibrium Models
Source:	EconStor

Persistent link: https://www.econbiz.de/10010296388