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The UK Labour Market

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  • Barrell,Ray

Abstract

The behaviour of the labour market is widely seen as the cause of the UK's poor macroeconomic performance from the mid-1960s. The functioning of the labour market is addressed in this book, first published in 1994, by an international group of economists. They assemble micro and macroeconomic evidence on the UK, the US, France and Germany, and discuss whether the UK labour market is different, and also if it has changed over time. The microeconomic evidence is assessed by Blanchflower and Freeman and by Gregg and Machin. The Thatcher reforms to industrial relations, surveyed by Metcalf, appear to have increased inequality without producing a more flexible labour market. Gregory and Sandoval suggest that minimum wages might have helped alleviate the rise in inequality in the UK. The effects of the reforms of the 1980s are unclear. Minford and Riley suggest that they have had an impact, whilst Barrell, Pain and Young present evidence that little has changed. The micro and macroeconomic approaches are complemented by Grubb's detailed survey of the effects of labour market policies as well as by the overview paper by Anderton and Mayhew.

Suggested Citation

  • Barrell,Ray (ed.), 1994. "The UK Labour Market," Cambridge Books, Cambridge University Press, number 9780521468251.
    • Handle: RePEc:cup:cbooks:9780521468251
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    Citations

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    Cited by:

    1. Vincenzo Cassino & Richard Thornton, 2002. "Do changes in structural factors explain movements in the equilibrium rate of unemployment?," Bank of England working papers 153, Bank of England.
    2. Michel Fouquin & Sébastien Jean & Aude Sztulman, 2000. "Le marché du travail britannique vu de France," Économie et Statistique, Programme National Persée, vol. 332(1), pages 97-115.
    3. Andrew Glyn, 1995. "Social Democracy and Full Employment," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 22, pages 109-126.
    4. Gugler, Klaus & Yurtoglu, B. Burcin, 2004. "The effects of mergers on company employment in the USA and Europe," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 481-502, April.
    5. Stephen Drinkwater & Peter Ingram, 2005. "Have Industrial Relations in the UK Really Improved?," LABOUR, CEIS, vol. 19(2), pages 373-398, June.
    6. Patrick Minford, 1997. "Growth, Employment and Economic Reform Lessons for South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 65(4), pages 202-213, December.
    7. Jennifer V Greenslade & Richard G Pierse & Jumana Saleheen, 2003. "A Kalman filter approach to estimating the UK NAIRU," Bank of England working papers 179, Bank of England.
    8. Adams, John & Greig, Malcolm & McQuaid, Ronald W., 1999. "Mismatch and unemployment in local labour markets," ERSA conference papers ersa99pa027, European Regional Science Association.
    9. Barrell, Ray & Pain, Nigel & Hurst, Ian, 1996. "German Monetary Union: An historical counterfactual analysis," Economic Modelling, Elsevier, vol. 13(4), pages 499-518, October.
    10. Glyn, Andrew, 1995. "Unemployment and inequality," Discussion Papers, Research Unit: Economic Change and Employment FS I 95-303, WZB Berlin Social Science Center.
    11. Arne Heise, 1997. "Reformbedarf und -möglichkeiten der Lohnpolitik im Globalisierungsprozeß," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 23(3), pages 371-381.

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