Augmenting a Mincerian earnings function with industry level data we estimate the external return to schooling for a repeated cross-section of individuals in the UK over the period 1994-2004. We find that a one year increase in the industry average level of schooling is associated with an...

Our monthly estimates of GDP suggest that output grew by 0.4 per cent in the three months ending in May after growth of 0.1 per cent in the three months ending in April. Economic growth in the UK remains subdued. These figures suggest the level of output is still almost 4 per cent below its...

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