Showing 1 - 6 of 6
We present a simple framework for analyzing decline in union voice in the Anglo-American world and its replacement by non-union, often direct, forms of worker voice. We argue that it is a decline in the in-flow to unionisation among employers and workers, rather than an increase in the outflow...
Persistent link: https://www.econbiz.de/10011776030
After shrinking dramatically during World War Two the gender wage gap (GWG) narrowed again in the early 1970s due to the Equal Pay Act. The GWG has closed across birth cohorts at all points in the adult life-cycle but remains. Within birth cohort it rises to middle age before falling again....
Persistent link: https://www.econbiz.de/10012227823
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters for wage growth are the non-employment rate and the...
Persistent link: https://www.econbiz.de/10013448558
Persistent link: https://www.econbiz.de/10014229138
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity is within sector and within firm before presenting new...
Persistent link: https://www.econbiz.de/10011281607
This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of log earnings among individuals into the part due to changes...
Persistent link: https://www.econbiz.de/10010403444