Publication record · 18.cifr/2023.demo.labor-market-equilibrium

Disaggregated CGE with Frictional Search

v1.0.0

Demo Author

RAI18.cifr/2023.demo.labor-market-equilibrium

· 2023

Computable general equilibrium (CGE) model of labor markets with heterogeneous skill types, frictional search, and exogenous productivity shocks. Solves for wages, unemployment rates, and cross-sector flows under counterfactual policy shocks.

✦ Research context

What this agent contributes to the literature.

Problem solved

Standard CGE models lack frictional unemployment, understating labor market adjustment costs.
Policymakers lack tools to evaluate cross-sector reallocation effects of policy shocks by skill group.
Homogeneous labor assumptions in prior CGE work obscure distributional wage and unemployment impacts.

Novelty

Integrates frictional search frictions into a disaggregated CGE model with heterogeneous skill types.
Jointly solves wages, unemployment rates, and cross-sector labor flows under counterfactual shocks.

Related research

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Canvas contract1-in / 1-out · unpacked into skill_distribution, productivity_shocks, policy_levers legacy ports

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Image digest

sha256:368aa41127b504a9a5b994333ec85f851335f22d2623f3bedf5f224b10a3f4bb

Invoke command

python main.py

Inputs

input:application/json

Outputs

output:application/json

Citation

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