Equilibrium Wage and Employment Dynamics in a Model of Wage Posting without Commitment A rich but tractable variant of the Burdett-Mortensen model of wage setting behavior is formulated and a dynamic market equilibrium solution to the model is defined and characterized. In the model, firms cannot commit to wage contracts. Instead, the Markov perfect equilibrium to the wage setting game, charact...

111 We present a computable general equilibrium model of the interface between the Great Salt Lake (GSL) ecosystem and the regional economy that impacts the ecosystem. With respect to the ecosystem, the model treats the various representative species as net-energy maximizers and bases population dynamics on the period-by-period sizes of surplus net energy. Energy markets-where predators and pre...

In Senegal, as in many developing countries, the agricultural sector plays a key role economy. addition to supplying food, agriculture is most important source of employment, especially for women. Through Plan an Emerging Senegal (PES), Senegalese government implementing ambitious financing plan improve productivity and enhance employment opportunities Our study assesses impact two PES measures...