Applied General Equilibrium Modelling GLOBE, STAGE and R23 Models

© Scott McDonald & Karen Thierfelder

STAGE_LAB


STAGE_LAB is a development of STAGE models that provides a richer modelling of factor markets. The model is a development of work done for the Carnegie Endowment for International Peace and ILO. The model draws upon work done by Dorothee Flaig, in her PhD thesis, so as to address the large labour productivity changes experienced in many models that are calibrated without the quantities of labour employed by activities in the database.  Features of the model include


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