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British regions display persistent differences in both earnings and unemployment rates. A number of studies have found that in general, regions that have high unemployment tend to have low wages. This runs contrary to a compensating differentials argument that high wages should compensate for...
Persistent link: https://www.econbiz.de/10011133047
The Welsh economy has undergone rapid structural change in recent years. This paper uses data from the New Earnings Survey to examine how earnings in Wales changed relative to those of Great Britain between 1975 and 1994. There are five main findings. First, earnings of workers in Wales have...
Persistent link: https://www.econbiz.de/10010605171
Economic conditions exert a strong influence on regional migration. On the one hand, strong labour market conditions, as exemplified by low unemployment rates and high earnings, draw migrants into regions. On the other hand, strong housing market conditions can prevent movement since expensive...
Persistent link: https://www.econbiz.de/10004977868
This paper models regional earnings and unemployment in the ten regions of Great Britain between 1972 and 1995, paying particular attention to their interaction and to the important influence of the housing market. In contrast to Blanchard and Katz (1992, 1997) for the United States, we find...
Persistent link: https://www.econbiz.de/10005792081
Economic conditions exert a strong influence on regional migration. On the one hand, strong labour market conditions, as exemplified by low unemployment rates and high earnings, draw migrants into regions. On the other hand, strong housing market conditions can prevent movement since expensive...
Persistent link: https://www.econbiz.de/10005666563
The Welsh economy has undergone rapid structural change in recent years.This paper uses data from the New Earnings Survey to examine how earnings in Waleschanged relative to those of Great Britain between 1975 and 1994. There are five mainfindings. First, earnings of workers in Wales have...
Persistent link: https://www.econbiz.de/10005870258
Persistent link: https://www.econbiz.de/10001122897
Persistent link: https://www.econbiz.de/10001128290
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