Discrete Working Time Choice in an Applied General Equilibrium Model

41 Pages Posted: 31 May 2004 Last revised: 14 Aug 2008

See all articles by Stefan Boeters

Stefan Boeters

CPB Netherlands Bureau of Economic Policy Analysis; ZEW – Leibniz Centre for European Economic Research

Michael Feil

Center for European Economic Research (ZEW)

Nicole Gürtzgen

ZEW – Leibniz Centre for European Economic Research

Date Written: 2004

Abstract

We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions. The model is calibrated to German micro and macro data. We then use it to analyse stylised policy reforms that are designed to stimulate labour supply.

Keywords: Applied general equilibrium, discrete working time choice, labour market, trade unions, wage bargaining, labour market reform

JEL Classification: D58, J22, J51

Suggested Citation

Boeters, Stefan and Feil, Michael and Guertzgen, Nicole, Discrete Working Time Choice in an Applied General Equilibrium Model (2004). ZEW - Centre for European Economic Research Discussion Paper No. 04-020, Available at SSRN: https://ssrn.com/abstract=550821 or http://dx.doi.org/10.2139/ssrn.550821

Stefan Boeters (Contact Author)

CPB Netherlands Bureau of Economic Policy Analysis ( email )

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands

HOME PAGE: http://www.cpb.nl/eng/general/org/homepages/sbt/

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany

Michael Feil

Center for European Economic Research (ZEW) ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany

Nicole Guertzgen

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany

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