There is now a burgeoning literature on the topic of 'overeducation' (and the complementary concept of 'undereducation'), and a growing quantity of UK empirical evidence on this issue. However, as Joop Hartog indicated in his keynote address to the Applied Econometrics Association, 'a solid...

We use establishment-level data from the 1991 Employers Manpower and Skills Practices Survey (EMSPS) and individual-level data from the Autumn 1993 Quarterly Labour Force Survey (QLFS) to investigate the links between training provision and workplace unionization. We focus on two training...

We investigate the impact of computer usage at work and other job features on the changing skills required of workers. We compare skills utilisation in Britain at three data points: 1986, 1992 and 1997, using responses to identical questions on comparable surveys. We question the validity of...

In this paper, using the framework of a Roy theoretical model, we examine the performance of return migrants in Albania. We ask two main questions: (i) Had they chosen not to migrate, what would be the performance of return migrants compared to the non-migrants? and (ii) What would be the...

This paper examines the free-market and socially optimal outcomes in a dynamic oligopoly model with R&D spillovers. First-best optimal subsidies to R&D are higher when firms play strategically against each other but lower when they cooperate on R&D (at least with high spillovers) and when they...

Since the abolition of the Wages Councils in September 1993, agriculture is the only sector in the UK economy covered by any form of minimum wage legislation. This paper investigates the impact of the system of minimum wages on the level and structure of earnings in agriculture and the level and...

This paper examines the responsiveness of real income and the balance of payments to external shocks in a small open economy. It is shown that tariff restrictions and wage rigidities tend to increase responsiveness and quota restrictions tend to reduce it. The implications for policy response...

In this paper we analyse the impact of different remuneration systems on capital formation and employment at the sectoral and at the aggregate level. We show that, in general, the switch from a Fixed Wage Economy to a Share Economy results in a lower NAIRU. This conclusion is derived by...

This paper uses evidence on employment, labour force, and wage differentials by skills from a number of OECD countries to investigate on the characteristics and the consequences of a skill-biased shift in the structure of labour demand and labour supply. A convex relationship between wages...