, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …

, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …

involve wage subsidies together with improved job matching; and earned income tax credits that supplement wages for working …

This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …