Dynamic Stochastic Labour Transition Model

Dynamic Stochastic Labour Transition Model – Stochastic Markov Chain Model:

The Model measures:

Inertia: Tendency of current employment state to persist over time.
Mobility Rate.
Reliability: Probability a worker move from inactivity to employment before being unemployed.
Activity Rate: Proportion of employed and unemployed.
Entrant Rate: Measures the proportion of worker entering the labor market.
Exit Rate: Proportion of worker exiting the labor market.
Unemployment Rate: Proportion of unemployed worker.
Give-up Rate: Probability for the unemployed that a transition to inactivity occurs before a transition to employment.
Net Outflow: Difference between proportion of the workers who leave employment for inactivity and inactive worker who succeed to get a job.

Main Use:

*Provide Analytics of the Saudi Labour Market and could be used to forecast and assess impact of future policies on the measures which the model produces

النماذج المبنية داخل
التحليلات المتقدمة

نموذج إس دي سي جي

تم تطوير SDCGE لاستخدامه في دراسة الأثر الاقتصادي للسياسات الاقتصادية، وتوقع متغيرات الاقتصاد الكلي الرئيسية ومراقبة خطط التنمية والإصلاحات الاقتصادية في المملكة العربية السعودية.