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 …

We estimate the distribution of life cycle wages for cohorts of prime-age men and women in the US. A quantile selection … model is used to consistently recover the full distribution of wages accounting for systematic differences in employment …