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Understanding the Labor Market from the Bottom Up with an Agent-Based Model

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Software Engineering Application in Systems Design (CoMeSySo 2022)

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Abstract

We present an agent-based labor market model that incorporates worker internal migration. We examine at the labor markets of two regions: the origin region and the destination region. The characteristics of the workers, as well as the features of the regions in which they live, are taken into account. The model describes the individual’s life cycle from birth to retirement. The model will so replicate births, deaths, education, labor market entry and exit. We evaluate worker mobility between the two regions when considering new labor market entry and exit. The proposed modeling is based on mathematical equations that describe the socioeconomic aspects of the actors and their behavior. The model differs from other labor market studies in that it considers worker internal migration, an analysis of the two labor markets involved (related to the regions of origin and destination), and the simulation tool used: “agent-based model.”

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Notes

  1. 1.

    See Boulahbel-Bachari and El Saadi (2018, 2019) for more details.

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Correspondence to Samira Boulahbel-Bachari .

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Boulahbel-Bachari, S., El Saadi, N. (2023). Understanding the Labor Market from the Bottom Up with an Agent-Based Model. In: Silhavy, R., Silhavy, P., Prokopova, Z. (eds) Software Engineering Application in Systems Design. CoMeSySo 2022. Lecture Notes in Networks and Systems, vol 596. Springer, Cham. https://doi.org/10.1007/978-3-031-21435-6_65

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