Search Results - subject:"method of undetermined coefficients"

Solving RE models with discontinuous policy rules – an application to minimum wage setting in Germany

Bursian, Dirk - 2016

minimum wage setting in Germany, the paper illustrates how such models can be solved using the method of undetermined … coefficients and presents selected simulation results. …

Persistent link: https://www.econbiz.de/10011538956

Solving RE models with discontinuous policy rules : an application to minimum wage setting in Germany

Bursian, Dirk - 2016

minimum wage setting in Germany, the paper illustrates how such models can be solved using the method of undetermined … coefficients and presents selected simulation results. …

Persistent link: https://www.econbiz.de/10011538716

Labour supply and retirement policy in an overlapping generations model with stochastic fertility

Jørgensen, Ole Hagen; Jensen, Svend E. Hougaard - Institut for Virksomhedsledelse og Økonomi, Syddansk … - 2009

Using a stochastic general equilibrium model with overlapping generations, this paper studies a policy rule for the retirement age aiming at offsetting the effects on the supply of labour following fertility changes. We find that the retirement age should increase more than proportionally to the...

Persistent link: https://www.econbiz.de/10009225862