This paper demonstrates the significance of age and duration effects in the relationship between earnings and unemployment using two-step GMM estimation and UK county level data for 1984-1993. Copyright 1996 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

This note uses a cross-section of industry-level wage and unemployment rate information for early 1920s Britain to demonstrate that, in general, sliding scales had little impact on wage settlements. The evidence overwhelmingly suggests that industries which had an above-average unemployment rate...

Cook, Holly, and Turner recently developed a hypothesis of a positive relationship between the durability of consumers' expenditure and the asymmetric behaviour it exhibits. Supportive evidence was found by applying Sichel's tests of business cycle asymmetry to the component series of UK...