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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 …
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This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … conditions, by expanding or contracting the working week. -- Workweek ; wages ; employment ; productivity …
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