rationalisierungsgleichgewichte am oesterreichischen arbeitsmarkt: modell rama 1.0.

Neudorfer, Peter and Pichelmann, Karl (September 1990) rationalisierungsgleichgewichte am oesterreichischen arbeitsmarkt: modell rama 1.0. Forschungsberichte / Research Memoranda 269

[img]
Preview
Text
fo269.pdf

Download (2MB) | Preview

Abstract or Table of Contents

abstract: the paper documents the analytical design and the main empirical results of estimating a small macro model for the austrian economy, which conceptually allows for rationing equilibria to occur in the labour market. the model rama (rationing model austria) permits to quantify the proportion of markets in a keynesian regime, a classical regime or a regime of repressed inflation in austria 1966-1988. one main finding of the analysis is that insufficient demand had been the main constraint on employment growth since the mid-seventies; from 1984 to 1988, however, the proportion of firms in a classical regime steadily increased. the properties of the model are further explored in a few simulation studies.;

Item Type: IHS Series
Status: Published
Date Deposited: 26 Sep 2014 10:34
Last Modified: 01 Apr 2016 14:07
URI: http://irihs.ihs.ac.at/id/eprint/269

Actions (login required)

View Item View Item