This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal … production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment. …

This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal … production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment. …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … stresses the importance of differing supply changes across countries. However, empirical evidence on these questions is sparse … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

unemployment is found. The results emphasize the potential structural supply side policies have for reducing unemployment in Spain. …We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant …

unemployment is found. The results emphasize the potential structural supply side policies have for reducing unemployment in Spain. …We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … stresses the importance of differing supply changes across countries. However, empirical evidence on these questions is sparse … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …