Title

General Equilibrium with Wage Rigidities: An Application to Belgium

Document Type

Discussion Paper

Publication Date

8-1-1984

CFDP Number

720

CFDP Pages

29

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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