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Persistent link: https://www.econbiz.de/10001362415
The paper uses a regional Computable General Equilibrium (CGE) model to analyse the effects of immigration on three small remote EU regions located within Scotland, Greece and Latvia. Two migration scenarios are assessed. In the first, total labour supply is affected. In the second, the...
Persistent link: https://www.econbiz.de/10013153012
Parameter uncertainty has fuelled criticisms on the robustness of CGE results and has led to the development of alternative approaches to sensitivity analyses. Researchers have used Monte Carlo (MC) for systematic sensitivity analysis (SSA) because of its flexibility. However, MC may provide...
Persistent link: https://www.econbiz.de/10015304799
Persistent link: https://www.econbiz.de/10010419437