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EMPLOI - chomage-stone geary
EMPLOI - chomage
EMPLOI - stone geary
EMPLOI
Echange-financement
Model leisure
Modele NLP Investissement
Modele NLP consommation
Pure echange
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Model leisure.gms
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$TITLE Model M1_4S: Close 2x2 economy with labor-leisure choice $ontext November, 1995 (revised) In this model, the consuer is endowed with 200 units of time. In the benchmark equilibrium, 100 units of time are provided to the market and 100 units are "purchased" by the consumer. This formulation provides an elastic labor supply. Production Sectors Consumers Markets | X Y W | CONS ------------------------------------------------------ PX | 100 -100 | PY | 100 -100 | PW | 300 | -300 PL | -40 -60 -100 | 200 PK | -60 -40 | 100 ------------------------------------------------------ $offtext * GAMS parameters which we will use in model specification: SCALAR TX Ad-valorem tax rate for X sector inputs /0/, ESUBL Elasticity of substitution for leisure vs consumption /0.5/; $ONTEXT $MODEL: M1_4S $SECTORS: X ! Activity level for sector X Y ! Activity level for sector Y W ! Activity level for sector W (Hicksian welfare index) $COMMODITIES: PX ! Price index for commodity X PY ! Price index for commodity Y PL ! Price index for primary factor L PK ! Price index for primary factor K PW ! Price index for welfare (expenditure function) $CONSUMERS: CONS ! Income level for consumer CONS $PROD:X s:1 O:PX Q:100 I:PL Q:40 A:CONS T:TX I:PK Q:60 A:CONS T:TX $PROD:Y s:1 O:PY Q:100 I:PL Q: 60 I:PK Q: 40 $PROD:W s:ESUBL a:1 O:PW Q:300 I:PX Q:100 a: I:PY Q:100 a: I:PL Q:100 $DEMAND:CONS D:PW Q:300 E:PL Q:200 E:PK Q:100 $OFFTEXT $SYSINCLUDE mpsgeset M1_4S * Replicate the benchmark: M1_4S.ITERLIM = 0; $INCLUDE M1_4S.GEN SOLVE M1_4S USING MCP; M1_4S.ITERLIM = 2000; * Solve a counterfactual: 100% tax on X: TX = 1; $INCLUDE M1_4S.GEN SOLVE M1_4S USING MCP;
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