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A Description of the MACBETH Model

In: Labour Market Planning Revisited

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  • Michael Hopkins

Abstract

To counteract the pessimism of manpower forecasting models and to provide a flexible tool to examine alternative future scenarios of the manpower planning problem, the author created the MACBETH (MAcro Compter Based EmploymenT Heuristic) model. The main equations of the model are described in this chapter followed by an application to Sri Lanka in chapter 5. A list of input/output variables and examples of the computer program menus for the MACBETH software is given in the Appendix.

Suggested Citation

  • Michael Hopkins, 2002. "A Description of the MACBETH Model," Palgrave Macmillan Books, in: Labour Market Planning Revisited, chapter 4, pages 74-106, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-2026-3_4
    DOI: 10.1057/9781403920263_4
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