Harrigan, Frank; McGregor, Peter G; Swales, J K - In: Oxford Economic Papers 48 (1996) 1, pp. 105-33
This paper analyzes the impact of the introduction of a general, automatic labor subsidy in a regional economy, concentrating on employment effects. The authors adopt a computable general equilibrium approach, using a model parameterized on data from a U.K. region, Scotland. Two particular...