Darbaspēka trūkums var bremzēt tautsaimniecības izaugsmi, jo to ne vienmēr iespējams aizvietot ar tehnoloģijām. Makroekonomikas un finanšu tirgus analīzes nodaļa Hansabanka Ekonomikas straujās izaugsmes un darbaspēka aizplūšanas uz vecajām ES dalībvalstīm dēļ darbaspēka trūkums ir kļuvis par vienu no aktuālākajiem Latvijas ekonomiskās politikas jautājumiem, un tā risinājumi noteiks valsts ekonomisko attīstību pārskatāmā nākotnē. The latter findings are similar to those reported for other EU country macro models. Model simulation reveals that, compared to domestic prices, GDP is more responsive to shocks in the short run, while investment on average is more volatile than private consumption. Compared to other MCM country blocks, we find that the Lithuanian macro model is characterised by relatively large and rapid response to shocks. To illustrate the main characteristics of the estimated model, some standard shocks are introduced in the model and the responses studied. Starting with a brief overview of the common features and main building blocks of a typical MCM country model block, we report the preliminary results of estimation of the Lithuanian MCM block. supply factors determine the long-run equilibrium, while output is demand determined in the short run. The theoretical structure of the LT_MCM is in line with most current mainstream macro models, i.e. This paper presents preliminary results of modelling the Lithuanian block of the ESCB Multi-Country Model, LT_MCM.

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