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National minimum wage in South Africa: A Computable General Equilibrium Model Analysis

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  • Jean L. Erero

Abstract

This paper analyses the economy-wide impact of the national minimum wage on the South African economy. The analysis was conducted using a static computable general equilibrium (CGE) model of South Africa, which captured the observed structure of South Africa’s economy. The parameters of the CGE equations were calibrated to observed data from a social accounting […]

Suggested Citation

  • Jean L. Erero, 2016. "National minimum wage in South Africa: A Computable General Equilibrium Model Analysis," Working Papers 650, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:650
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_650.pdf
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    Cited by:

    1. Kambale Kavese & Andrew Phiri, 2020. "A partial general equilibrium analysis of fiscal policy injection on inequality in South Africa," Working Papers 2001, Department of Economics, Nelson Mandela University, revised Jan 2020.
    2. Hans Lofgren & Martin Cicowiez, 2017. "A Proximity-Based Approach to Labor Mobility in CGE Models with an Application to Sub-Saharan Africa," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 2(1), pages 120-165, June.

    More about this item

    Keywords

    Computable General Equilibrium (CGE) Modelling; Labour Market; Policy; South Africa;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy

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