Abstract
This paper concerns an application to the Belgian economy of general equilibrium analysis in the presence of downward real wage rigidities. The model aims at explaining the short-run impact of recent income and exchange policies upon employment in Belgium. Mathematical programming techniques are used to compute equilibria.
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© 1985 The Mathematical Programming Society, Inc.
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Ginsburgh, V., Van der Heyden, L. (1985). General equilibrium with wage rigidities: An application to Belgium. In: Manne, A.S. (eds) Economic Equilibrium: Model Formulation and Solution. Mathematical Programming Studies, vol 23. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0121024
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DOI: https://doi.org/10.1007/BFb0121024
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-00916-7
Online ISBN: 978-3-642-00917-4
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