contractual frictions due to limited liability, firms with heterogeneous productivity endogenously sort into different pay …, inducing resources reallocated from low productivity domestic firms to high productivity exporting .rms. The uneven effects of …

unobserved skilldistributions. The main findings are that there are two dimensions to self-selection: in terms ofobserved skills … skilled workers, leading to negative self-selection. In terms ofunobservable skills, self-selection is found to be positive … rather than negative. The latter findingentails substantial increases in mean wages and reduction in wage inequality …

century? After years of inadequate investment in skills, infrastructure and innovation, there are longstanding structural …

of labour. But, existing studies of the impact of immigration on the wages of native-born workers in the UK (e … an increase in immigration reduces the wages of immigrants relative to natives. We show this using a pooled time series … of British cross-sectional micro data of observations on male wages and employment from the mid-1970s to the mid-2000s …

much displacement of UK workers or lower wages, on average. Immigrants, especially in recent years, tend to be younger and …

have been exaggerated. It is hard to find evidence of much displacement of UK workers or lower wages, on average … have experienced greater downward pressure on wages and greater competition for jobs than others, but these effects still …

still not, on average, materialised. It is hard to find evidence of much displacement of UK workers or lower wages, on …