IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

Working Paper 12-07 - Wage and age related employers’ SSC cuts and wage subsidies in the 2007 vintage of HERMES

  • Peter Stockman
Registered author(s):

    The distinction between the young and the elderly within low and high wage earning employment in HERMES, the FPB's medium-term macroeconomic model, enables the assessment of both age and wage related labour cost reducing policies. The age structure of salaried employment in each branch of activity is embedded in a three-stage mechanism. First, aggregate demand and the relative cost of labour to capital determine salaried employment. Next, relative wages allocate employment among three major labour categories: low-paid jobs, high-paid jobs and special-employment programmes. Finally, within each labour category relative wages allocate employment between the young (aged less than fifty) and the elderly (aged fifty or more).

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: english version
    Download Restriction: no

    Paper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 0712.

    in new window

    Date of creation: 27 Sep 2007
    Date of revision:
    Handle: RePEc:fpb:wpaper:0712
    Contact details of provider: Postal: Avenue des Arts, 47-49, B-1000 Bruxelles
    Phone: (32) 02/507.73.11
    Fax: (32) 02/507.73.73
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:fpb:wpaper:0712. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dominique van der Wal)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.