This paper surveys some recent developments in policy evaluation and design in continuous time linear rational expectations models. Much recent work in macroeconomics and open economy macroeconomics fits into this category. First the continuous time analogue of the discrete time solution method...

A North-South growth model is presented which focuses on i) the complementarity of Southern output (consumption goods) and Northern output (capital goods) and ii) the terms of trade as a mechanism linking the growth rates of the two regions. This Kaldorian model is different from recent...

This paper tests a two equation model of supply and demand for labour for 1857-1913, the period which was the focus of the original Phillips curve study. The basic structure is an equilibrium model of the labour market with "classical" characteristics arising from a surprise supply function and...

There has been considerable controversy over the apparent slowdown in productivity growth in Britain and in other industrial countries over 1971-80 and the apparent speed up in at least British productivity growth over 1980-83. This paper throws light on these matters by means of an aggregate...

In the late 19th century, the industrial countries of Europe and North America developed very different systems of technical education for the workforce. Some emphasised full-time instruction, largely state-financed, while others relied on part time instruction, financed by employees and seen as...

The labour force is conventionally defined as all those employed, or seeking work - whether or not registered as unemployed. In Britain, this total of economically active persons has only been observed intermittently in Censuses and Surveys. Data for the regular Working Population refers to the...