W.S. Reece (5) has commented on our recent study in this Journal (2) in which we attempted to compare a more comprehensive measure of excess demand for labour in the UK manufacturing sector and then applied the resulting series to help explain money wage inflation. Whilst agreeing with our...

Whilst it is generally agreed that the key determinant of the current money wage inflation is anticipated increases in prices, there remains a significant role for excess demand variables. Many of the studies on inflation which have appeared following the original expositions of the Phillips...

This paper uses annual data from successive UK Labour Force Surveys to model occupational trends over the period 1981 to 1999. Time series models are developed for some nine occupational groups across 17 industrial sectors. Various economic variables, such as output, wages, unemployment, export...

Explores the problems of marketing a new material to raise main demand in traditionally stable markets, and examines nine companies in depth in the steel, aluminium and plastics industries. Concerns itself with this critical functional area of the initial market development of new industrial...