Hi,
Im new in working with GAMS and I have some trouble to model an increase in wagerate. Hope I can get some help.
Where do I have to make changes when I have implemented the SAM in the Program?
Thanks
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Hi Ben,
Your model should have a labour market block, where the wage equation is specified either exogenously or endogenous. However, to simulate a wage shock, wage has to be exogenous.
Taiwo
On Tue, Apr 22, 2014 at 10:03 PM, Ben Christmann wrote:
Hi,
Im new in working with GAMS and I have some trouble to model an increase in wagerate. Hope I can get some help.
Where do I have to make changes when I have implemented the SAM in the Program?
Thanks
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