This paper compares two working models of the South African economy, an orthodox, neoclassical computable general equilibrium model in which savings drive investment, and a more structuralist, eclectic, model for which there is an independent investment function. Both models are calibrated to...

In spite of progress made since the 1950s and 1960s, black, Indian, Pakistani and Bangladeshi workers remain disadvantaged relative to whites in terms of their labour market opportunities. In general, they experience higher rates of unemployment and tend to be under-represented in higher paid,...

This paper identifies factors underpinning spatial variation in manufacturing labour productivity in Britain at the county level, examining the relative influences of spatial external effects, the degree of capital intensity, industrial structure, and labour force 'quality'. In doing so, it sets...