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Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
Åland Islands, a small Finnish island region with its own governmental powers, is rapidly aging together with its neighboring regions in mainland Finland and Sweden. The demographic momentum affects its labor market in various ways. Aging will keep exits from labor market high in the near...
Persistent link: https://www.econbiz.de/10011485289
Quantifying the economic effects of climate change is a crucial step for planning adaptation in developing countries. This study assesses the economy-wide and regional effects of climate change induced productivity and labor supply shocks in agriculture in Ethiopia. The study shows, in worst...
Persistent link: https://www.econbiz.de/10011689645
This study uses the STAGE-LAB Computable General Equilibrium Model to analyze the potential impact of the trade shock associated with the Great Recession on labor and household income in Brazil. Our model assumes that high skilled labor is fully employed, while there is oversupply of labor in...
Persistent link: https://www.econbiz.de/10013099287
Our simple model features agents heterogeneous in skill and risk aversion, incomplete financial markets, and redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion sufficiently low. Under heavier taxation, entrepreneurs are more...
Persistent link: https://www.econbiz.de/10012970829
Large allocations for fuel subsidies have long put the Government of Malaysia’s budget under great strain. Using a computable general equilibrium (CGE) model, this paper evaluates the impact of fuel subsidy rationalization on sectoral output and employment. Employment is classified into...
Persistent link: https://www.econbiz.de/10013329411
The paper analyzes the possible effects of tariff reduction in the 1990s on unemployment, household income and … effects and factor movements, the nonfood manufacturing sector benefits the most. As a result, unemployment in production … labor declines while its wages improve. However, agriculture sector contracts which results in higher unemployment in the …
Persistent link: https://www.econbiz.de/10011429708
This paper examines the effects of the reduction in tariff rates in the Philippines from 1994 to 2000 on unemployment …
Persistent link: https://www.econbiz.de/10011429709
-Japan bilateral agreements on unemployment, income distribution and poverty. The results indicate contraction in agriculture but … industry. Unemployment in agriculture deteriorates while in industry improves. Thus income inequality worsens. However, poverty …
Persistent link: https://www.econbiz.de/10011429727
Persistent link: https://www.econbiz.de/10003329885