The structural effects of the Danish tax reform of 1993 are evaluated using DREAM, a dynamic CGE model of the Danish economy featuring overlapping generations of agents who have perfect foresight.
The paper introduces a methodology developed to perform dunamic calibration of Statistics Denmark's dynamic computable general equilibrium model, DREAM.
To a large extent, Danish wage contracts are minimum wage contracts, where the wage of an employed worker consists of a negotiated minimum wage and a personal raise. This paper considers bargaining ov ...