? How are wages determined? What role do labor market dynamics play in explaining business cycles and growth? The survey …

productivity but not necessarily on its long run growth rate. I therefore predict that the UK will eventually return to the growth …The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data …, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p …

The austerity programme of the coalition government knocked at least one percent per year off growth in the first two …