We use household panel data to explore the link between changes in house prices and household indebtedness (both secured on housing assets and unsecured) in the United Kingdom. We show that households which are borrowing-constrained by a lack of housing equity as collateral make greater use of...

The acquisition of rights by workers in private pension plans underpins retirement behavior, recruitment policy, and wage structure but there is controversy as to how these individual pension rights should be valued. The paper combines four data-sets to calculate pension entitlements for a...

In April 2001, the UK government introduced Stakeholder Pensions - a new private pension arrangement. The reform also changed the structure of tax-relieved pension contribution ceilings, increasing their generosity for lower-earners. We examine the impact of these changes on private pension...

This paper examines the determinants of establishment-level union recognition status using data from the three Workplace Industrial Relations Surveys of 1980. 1984 and 1990. Our theoretical approach argues that product and labour market variables dated at (or around) the establishment's setup...