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The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms’ labour demand, a wage-curve determining unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key(More)
This paper analyses the income and structural effects of the Single Payment Scheme (SPS). In particular, we analyze how the income distributional effects and farm restructuring are impacted by the SPS by accounting for entitlement tradability, cross-compliance and CAP 'greening' requirements, different SPS implementation models, and the entitlement stock.(More)
We analyze the effects of high standards food chains on household welfare taking into account general equilibrium effects and market imperfections. To measure structural production changes and welfare effects on rural and urban households, our model has two types of agents, five kinds of products and four types of factors. We calibrate the model using(More)
This paper presents the theoretical structure of modelling migration and regional labour markets in the RHOMOLO model, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium, endogenous growth and new economic(More)
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