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What demand-side and institutional factors raised the skilled wage premium over the 1980s in U.K. manufacturing? Using a panel of eighty industries over l980-89, the author finds that (1) the average skill premium rose by around 13 percentage points; (2) computer introduction explains around 50...
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Most agency-based privatization models are of the owner/manager relation and ignore the labor market. Yet in the 1980s there were profound changes in public sector and privatized firms to wages and employment. The authors develop a bargaining model of the manager/workforce relation that explains...
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