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Dawid, Herbert ; Harting, Philipp ; Neugart, Michael: The Role of (De-)Centralized Wage Setting for Industry Dynamics and Economic Growth. An Agent-Based Analysis with the Eurace@Unibi Model. In: . Jg.06-2019. 2019, S. 30 ff.
Inhalt
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 Goods Market Interaction
Parametrization and Validation
Policy Analysis
Experimental Setup
Results
The baseline scenario
The long-term effects of a decentralized wage setting
Discussions and Conclusions
Appendix