Singapore Labour Market Simulator

Core Parameters

Employer CPF (τ_e)

0.0 0.17 0.5

Employee CPF (τ_p)

0.0 0.2 0.5

SDL Rate (τ_SDL)

0.0 0.0025 0.05

Foreign Worker Quota Strength (q)

0.0 1.0 2.0

Union Coverage Proxy (θ)

0.0 0.15 1.0

Fixed Employer Levy λ (wage units)

0.0 0.05 2.0

Advanced Parameters (a, b, c, d, F0, k, plot range)

Demand Intercept (a)

0.1 3.0 10.0

Demand Slope (b)

0.01 0.8 5.0

Local Supply Intercept (c)

0.0 0.8 10.0

Local Supply Slope (d)

0.01 0.9 5.0

Foreign Labour Baseline (F0, millions)

0.0 1.2 10.0

Union→Markup Elasticity (k)

0.0 0.4 2.0

Plot Wage Min

0.0 0.0 100.0

Plot Wage Max

0.001 30.0 200.0

Grid Points

2 200 2000

Wage (w)

—

includes union markup

Employment (Demand)

—

millions

Unemployment Gap

—

supply − demand

Supply & Demand