We investigate the impact of immigration on productivity in the UK, using newly published ONS data on employees of non-UK origin by region and sector. Consistent with earlier research, we find some evidence of a positive association between non-EU migration and productivity, and some weaker...

This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and Ciccone and Papaioannou (2006), we exploit variation in...

The distribution of total work in the EU and USA / Michael C. Burda, Daniel S. Hamermesh, and Philippe Weil -- Comments / Alberto Alesina, Christopher Pissarides -- Labor market effects of work-sharing arrangements in Europe / Francis Kramarz, Pierre Cahuc, Bruno Crépon, Oskar Nordström Skans,...

Wage developments and related policies that determine labor markets functioning and wage formation processes, are key factors with central importance in EMU. Flexibility in labor markets functioning and wage-setting aiming to nominal and real wage flexibility, has been the most important policy...