To what extent can the decline in British trade union density between 1990 and 1998 be attributed to declining opportunities to unionize compared to declining propensity to unionize among workers with the opportunity to do so and to compositional change? This question is answered using data to...

Overall, collective bargaining coverage has dropped by around fourteen percentage points. This paper investigates the causes and consequences of the decline in collective bargaining in Britain between 1990 and 1998. One in three workplaces that practiced collective bargaining in 1990 had...

This paper brings together data from the 1998 Workplace Employee Relations Survey, National Survey of Unions and TUC focus on recognition survey to investigate influences on union organising effectiveness. Organising effectiveness is defined as the ability of trade unions to recruit and retain...

Dispersion in pay is lower among union members than among non-unionists. This reflects two factors. First, union members and jobs are more homogeneous than their non-union counterparts. Second, union wage policies within and across firms lower pay dispersion. Unions' minimum wage targets also...

This paper examines security price reactions of European demergers. For a period ranging from one and a half years prior to the demerger announcement through to three years after the execution date, the relative performance of the parent, spin-off and the combined effect is analysed relative to...

It is often argued that the New Keynesian Phillips curve is at odds with the data because it cannot explain inflation persistence — the difficulty of returning inflation immediately to target after a shock without any loss of output. This paper explains how a model where newer prices are...

The ¿beneficial brain drain¿ hypothesis suggests that skilled migration can be good for a sending countrybecause the incentives it creates for training increase that country¿s supply of skilled labour. To work, thishypothesis requires that the degree of screening of migrants by the host...

This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...

This paper studies the link between volatility, labor market flexibility, and international trade. International differences in labor market regulations affect how firms can adjust to idiosyncratic shocks. These institutional differences interact with sector specific differences in volatility...

This paper reviews the new economic geography literature, which accounts for the uneven distribution of economic activity across space in terms of a combination of love of variety preferences, increasing returns to scale and transport costs. After outlining the canonical core and periphery...