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Dawid, Herbert ; Harting, Philipp ; Neugart, Michael: Cohesion Policy and Inequality Dynamics: Insights from a Heterogeneous Agents Macroeconomic Model. In: . Jg.34. 2014
Inhalt
Impressum Nr. 34 finalisierte Version neu Readers
Cohesion_SFB-2
Introduction
Inequality and convergence in Europe
The Model
Overall Structure
Agents, Markets, and Decisions
Output Decision and Production
Pricing Decision
Adjustment of Specific Skills of Workers
Technological Change
Investment and Vintage Choice
Labor Market Interaction
Consumption Market Interaction
Public Expenditures and Taxes
Parametrization and Validation
Policy analysis
Experimental set-up
The baseline scenario
Effects of Technology Policies
The Role of Flexible Labor Markets
Conclusions