The analysis and modeling of the feedback process of the labor market: a dynamic model on Portugal’s national economy
The present paper proposes a system dynamics approach to the feedback process of the labor market taking place at macroeconomic level. The model was constructed on Keynesian theory introducing into the model adjustment by quantity and the wage was modeled as an endogenous state variable. The objecti...
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| Other Authors: | , |
| Format: | article |
| Language: | eng |
| Published: |
2016
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10071/10642 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/10642 |