Model analysis of the labour markets of diverse institutional structure - conclusions for Poland and Europe in the contex of the Lisbon Strategy implementationTags: structural_modeling, labour_market, macroeconomics, the_national_centre_for_research_and_development, projects_from_2011
Completion date: 30.09.2011
The main aim of the project was to build and analyse a set in data theoretical structure enabling conducting comprehensive alalyses of labour market in two time perspectives: (1) long-term - through analysis of the values of macroeconomic aggregates in fixed state and (2) short-term and mid-term - through analysis of the response for economic shocks of particular macroeconomic variables, especially those related to labour market. The structure is a dynamic stochastic general equilibrium model with implemented mechanism of search and adaptation at labour market. The model allows for number of mechanisms influencing the shape of labour market aggregates as institutional conditions or wage negotiation mechnisms.
Project being done for: The National Centre for Research and Development
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