This paper constructs a multi-sector dynamic general equilibrium model for a trading economy. We incorporate three major factors of production: capital, skilled labor & unskilled labor. We solve and calibrate the model using data from Japan. We then consider changes to immigration policy. We are...

This paper constructs a dynamic specific factors model to examine the impact of the economic reunification of North and South Korea. The model is a compromise between the highly stylized neoclassical models of trade found in the theoretical trade literature, and the highly aggregated models used...

This paper constructs a multi-sector dynamic general equilibrium model for a trading economy. We incorporate three major factors of production: capital, skilled labor & unskilled labor. We solve and calibrate the model using data from Japan and Korea. We then consider changes to immigration...

This paper examines the impact of hypothetical market reforms in North. We build a dynamic general equilibrium model and simulate multiple reform scenarios. We first construct a baseline model which mimicks the current command economy. In this scenario the government allocates output in an...

This is an archival version, for scholarly purposes, of the report of the same name that the authors produced for the GLA in 2007. At the time of this deposition, this can be found at http://legacy.london.gov.uk/mayor/economic_unit/docs/living-wage-may06.pdf. It should be cited as Freeman, A....

This is an archival version, for scholarly purposes, of the report of the same name that the authors produced for the GLA in 2007. At the time of this deposition, this can be found at http://legacy.london.gov.uk/mayor/economic_unit/docs/a_fairer_london_2007apr.pdf. It should be cited as Freeman,...

This article describes the calculation of London’s first Living Wage, which was set in 2005. It reproduces, in citable form and, for scholarly purposes, the report of the same name produced by the authors for the Greater London Authority.

This article describes the construction of the workforce employment data used by the Greater London Authority. It reproduces, in citable form and, for scholarly purposes, the report of the same name produced by the author for the Greater London Authority. This article describes the sources of...