We report increasing dispersion in the returns to graduate education in Britain, and relate this development to rising overqualification. We distinguish 'Real' and 'Formal' overqualification, according to whether it is accompanied by underutilization of skill. Employees in the former group...

The authors use British establishment-level data from the 1991 Employers' Manpower and Skills Practices Survey (EMSPS) and individual-level data from the Autumn 1993 Quarterly Labour Force Survey (QLFS) to investigate the links between training provision and workplace unionization. Both the...

In this paper, the authors argue that a dynamic monopsony model, based on labor market frictions, predicts a positive relationship between wages and employer size, but also that the effect will be larger in the nonunion sector than in the union sector and larger for women than for men. They...