Torres, M.D. with R. Lechon, "A Dynamic Model of Labor Market", 1995
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We present a system dynamic model about labor market. The model is based on four equations mainly: demand and supply for labor, and evolution of prices and wages. To find the supply labor we consider characteristics of the labor market in Spain. The simulation of the model allows us to determine the evolution of variables as demand employment, male and female supply labor, wages, prices, inflation and unemployment rate.