Class LaborMarketModel

java.lang.Object

org.episteme.social.economics.models.LaborMarketModel

public final class LaborMarketModel
extends Object

Models dynamics of the labor market, linking employment trends to GDP growth.

Since:

1.0

Version:

1.1

Author:

Silvere Martin-Michiellot, Gemini AI (Google DeepMind)

Method Summary

Modifier and Type	Method	Description
static Real	okunDeltaUnemployment(Real gdpGrowth)	Calculates change in unemployment rate based on Okun's Law.

Methods inherited from class Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Method Details

okunDeltaUnemployment

public static Real okunDeltaUnemployment(Real gdpGrowth)

Calculates change in unemployment rate based on Okun's Law. ΔU = -0.5 * (ΔGDP_growth - 3.0)