Introduction to the papers / Michael White -- Flexibility or polarisation? / Eithne McLaughlin -- Is there an underclass? The lessons from America / John Macnicol -- Recent developments in the macroeconomics of the UK labour market / Paul Warren -- Justifying ð̀orkfare': the historical context...

Mountifort Longfield's Lectures on Political Economy has generally been characterised as a highly original precursor of the late-nineteenth-century marginalist economic framework. Focussing on Longfield's discussion of value and utility, this paper shows that he was actually using a variant of...

This paper examines housing markets in selected European Union countries and investigates the degree of similarity in housing market responses to changes in underlying demand- and supply-side variables. This may help to suggest how EU housing markets may be affected by a single monetary policy...

This paper surveys and interprets a wide body of literature on the taxation and subsidization of investment in owner-occupied and rental housing. Where available, the study considers experiences outside of the United States. Issues addressed include what nonneutral taxation is, how...

A national survey makes it possible to examine employees' awareness of net overall reductions in the size of the workforce along with their awareness of employer policies that promise 'no compulsory redundancies'. Differences are investigated between union and nonunion workplaces, and between...