What explains the current low rate of employment in the US? While there has been substantial debate over this question in recent years, we believe that considerable added insight can be derived by focusing on changes in the labor market at the turn of the century. In particular, we argue that in...

This paper analyzes optimal unemployment insurance (UI) over the business cycle. We consider a general matching model of the labor market. For a given UI, the economy is efficient if tightness satisfies a generalized Hosios condition, slack if tightness is too low, and tight if tightness is too...

This article considers the role of individual employee voice in regulating the “zone of acceptance” within the employment relationship and examines the extent to which different models of collective voice inhibit or foster the operation of individual voice. It focuses especially on the role...

Non-union direct voice has replaced union representative voice as the primary avenue for employee voice in the British private sector. This study explains this development by providing a framework for examining the relationship between employee voice and workplace outcomes. Voice is associated...

Even before the current public spending austerity programme was introduced, the adequacy of adult social care spending was an issue of concern. This report aims to quantify what changes have taken place in net local spending and provision (recipients of care) between 2005/06 and 2012/13.

This paper presents a game theoretic analysis of the generalized second-price auction that the company Overture operated in 2004 to sell sponsored search listings on search engines. We construct a model that embodies few prior assumptions about parameters, and we present results that indicate...

Objective:- To assess the effect of second generation, home based telehealth on health related quality of life, anxiety, and depressive symptoms over 12 months in patients with long term conditions. Design:- A study of patient reported outcomes (the Whole Systems Demonstrator telehealth...

Using administrative employer-employee data from Germany, I exploit two reductions of tax breaks for commuting in 2003/4 and 2006/7 to estimate commuting costs’ effect on the decision to switch job and move house. Standard theory predicts that higher commuting costs should lead to increased...

Every year housing markets in the United Kingdom and the United States experience systematic above-trend increases in both prices and transactions during the second and third quarters (the "hot season") and below-trend falls during the fourth and first quarters (the "cold season"). House price...