Duncan, Alan; Hutton, John; Laroui, Fouad; Ruocco, Anna - Wirtschaftswissenschaftlichen Fakultät, … - 1997
This paper considers the sensitivity of policy simulation to the specification of the labour market in an Applied General Equilibrium (AGE) model of the European Union. We consider a variety of adjustments to the labour market, including the introduction of labour supply heterogeneity and...