Innovative firms need to hire and motivate highly talented workers. This article connects the potential returns to innovation to the structure of compensation for skilled employees. We show that the software firms that operate in software sectors with high potential upside gains to innovation...

The last 20 years has seen a huge increase in employment among mothers in the first year after giving birth in the UK. We examine whether early maternal employment has an adverse effect on child outcomes. We analyse rich data from a cohort of children born in the UK in the early 1990s and...

This article exploits policy change by the UK government to identify the impact of competition on quality. It uses differences in competition over time and space to examine the impact of competition in an environment with limited quality signals in which hospitals competed mainly on price. Using...

We use an experiment to study the impact of team-based incentives, exploiting rich data from personnel records and management information systems. Using a triple difference design, we show that the incentive scheme had an impact on team performance, even with quite large teams. We examine...

We examine the inter-related dynamics of the unemployment flows and stock. Our model allows them to be linked through the standard accounting identity, but also through behavioural relationships. We find that, for the UK, the bulk of the correlation between duration and the unemployment stock...

The authors examine eighteen years of a large cross-section to build up a picture of job tenure in Britain. They look for changes in the distribution of job tenure over a turbulent period for the U.K. labor market. The authors find some change in the mean job tenure: a decrease in elapsed tenure...