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This paper attempts to assess the relative importance of firm-specific factors (i.e., insider forces) in wage determination. Using firm-level data on 219 UK companies over the period 1974-82, it finds that a 1% rise in a firm's prices or productivity relative to the aggregate economy leads to a...
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There is a consensus among academics that immigration has little or no effect on native British wages, but these studies have not refined their analysis by occupations. Our contribution is to extend the literature to incorporate occupations. Doing so, we find that immigration has a small...
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