Many governance reform proposals are based on the view that boards have been too friendly to executives, for example, by awarding them excessive pay. Although boards are often on friendly terms with executives, it is less clear that they have systematically failed to function in the interests of...

This paper reviews the changing pattern of labour market segmentation in Britain since the mid-1970s. In the early 1980s, industrial labour markets in Britain, along with Germany, could be characterised as dominated by occupational labour markets for skilled workers compared with the...

Maternal employment formed a central plank in the former Labour Government’s strategy to reduce child poverty. Even where potential jobs were low-skilled and low-paid, policy was explicitly work (rather than training) first, and lone parents in particular were given direct and indirect...

Becker''s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...

Following Grossman and Rossi-Hansberg (2008) we present a model in which tasks of varying complexity are matched to workers of varying skill in order to develop and test predictions regarding the effects of immigration and offshoring on US native-born workers. We find that immigrant and...

This paper summarizes new evidence from the “Shared Capitalism” Project on the extent to which workers’ earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior. The evidence...

This paper analyzes peer effects among university scientists. Specifically, it investigates whether the number of peers and their average quality affects the productivity of researchers in physics, chemistry, and mathematics. The usual endogeneity problems related to estimating peer effects are...

Analysis of higher education quality has become a central issue in light of UK government policies to introduce variable fees and to encourage more and more young people to attend university. In this context, an important question is whether institutional quality is reflected in labour market...

This dataset contains information about the evolution of labour market institutions in twenty OECD countries from 1960 to 2004. The countries in the sample are: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, New Zealand, Norway,...

In this paper, we use the individual-level USR data for the whole population of 1993 leavers from the ¿old¿ universities of the UK to investigate the determinants of graduate occupational earnings. Among other results, we find that there are significant differences in the occupational earnings...