Lisenkova, Katerina; Mérette, Marcel - European Regional Science Association - 2014
-regional OLG-CGE model for Scotland, the rest of the UK (RUK) and the rest of the World (ROW). The model is used to evaluate the … the UK and all government expenditures associated with its ageing population (mainly pensions and health) are funded on a … UK-wide basis. In the independence scenario, Scotland and the rest of the UK have separate government budget constraints …