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This paper presents a microsimulation model in a General Equilibrium framework applied to Madagascar. The model is primarily focused on labor markets and labor allocation at the household level, and consumption behavior is also modeled. At the aggregate level, it allows for the endogenous...
Persistent link: https://www.econbiz.de/10005767571
The paper proposes a micro-macro model of labour market of a developing city, and its empirical implementation on the case of the capital town of Madagascar, Antananarivo. The model recognises the existence of measured and unmeasured heterogeneity of skills, preferences and opportunities within...
Persistent link: https://www.econbiz.de/10005181786