This contribution describes the linkage of microsimulation models and computable general equilibrium (CGE) models using two already established models called “STSM” and “PACE-L” used by the Centre for European Economic Research. This state of the art research method for applied policy...

An economy's production set is the collection of all net output vectors that the economy is capable of producing with a given technology and fixed quantities of primary factors of production. The boundary of this set is called the production possibility frontier or PPF. We show that, if the...

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the...

Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be influenced by firm actions (e.g. bribes) and...

The empirical evidence shows that the effects of the increase in the minimum wage on the labor market are: i) to increase the wage level, nevertheless the effects on every decile of the income distribution are different, and there exists a (effect lighthouse) on the informal sector, and ii) to...

Umfassendes, gut gegliedertes Kompendium. Die 3 Hauptabschnitte sind überschrieben mit "Konsum", "Arbeit" (Arbeits- und Sozialrecht), "Gesellschaft" (auch Wirtschaftspolitik). Ausführliches Register, Zahlenmaterial und Grafiken in Auswahl. Sollte vor allem für SchülerInnen entleihbar sein,...