We investigate the impact of exchange rate movements on wage determination in unionised labour markets. Using a simple model of international oligopoly, we show that organised labour has a rational incentive to accept lower wages in the face of a currency appreciation. This proposition is...

We develop a dynamic, stochastic multi-sectoral, equilibrium model that allows for worker turnover, job turnover and career mobility. This serves to bridge the reallocation and job career literatures. Our model makes a number of predictions: a positive correlation between job turnover rates and...

We provide the first firm-level evidence of the impact of the trade in producer services (“offshoring”) on the labour market. Using a new dataset which measures trade in services at the firm-level, we find no evidence that importing intermediate services is associated with job losses or...

It is frequently argued that the process of skill upgrading has both worsened the employment prospects and decreased the relative wages of unskilled workers. However, workers are not immutably either low skill or high skill, and skill upgrading may offer the opportunity for workers to move up...

Evidence on job creation and destruction for the UK is still limited compared to that available from other countries. What evidence there is refers almost entirely to the manufacturing sector, with the most recent figures referring to the 1980s. There are therefore no recent estimates for the...

In an international oligopoly model, we investigate how trade liberalisation impacts on collective bargaining outcomes when workers are represented by open shop unions. We find that, with intermediate levels of union density, trade liberalisation may lead to higher negotiated wages even if no...