Purpose: The purpose of this paper is to investigate the behavior peculiarities of the labor force participation in Eastern European countries. Design/methodology/approach: The authors provide the analysis of nonlinearity in dynamics of economic active population and perform the econometric...

In this chapter, we demonstrate a way to get started with system dynamics modeling of a national economy, using a modular software framework called the MacroLab Template. The Template can be customized to reflect a modeler’s hypotheses about how an economy works. To illustrate the modeling...