{"id":"GSX:SRD-002:M01","local_id":"M01","name":"Welfare-cost ledger","statement":"The model prices the explicit welfare cost of withholding the same SRD envelope valued in the industrial-fund paper. It combines consumption, costly credit, scarring and labour effects and keeps the local spending multiplier out of the welfare total.","href":"https://greyscienx.com/research/r350-counterfactual/the-welfare-cost-of-not-paying-the-grant/models/M01"}