0 involving the whole of a country's economy:
Employment in services fell by 50,000 last month, contributing to the slight rise in the economy-wide unemployment rate.
In other words, in these countries, growth in the capital/labour ratio accompanies a rise in economy-wide productivity.
The second part of the paper is devoted to the presentation of the economy-wide general equilibrium model.
The government has discretion over the level of the minimum pension guarantee, but has usually set it around 25% of the average economy-wide wage.
Our replacement-rate indicator shows pension benefits as a share of individual lifetime average earnings (revalued in line with economy-wide earnings growth).
From an economy-wide perspective, this figure can be considered a marginal abatement cost curve.
However, economy-wide policies (both macroeconomic and sectoral) frequently have much more powerful environmental effects than mere project level investments.
Thus, the increase of the economy-wide population share of entrepreneurs is a result of the expansion of financial sector, where there are more entrepreneurs.
This paper presents a typology of village economies and village economy-wide models.
