An open question in market microstructure is whether 'informed' traders have an advantage due to access to private, inside, information; or due to a superior ability to process public information. In this paper we attempt to answer this question with data from a sports betting exchange taken...

Using a linked employer-employee dataset, we present new evidence on the role of firms in British wage inequality trends over the past two decades. The extent of differences between firms in the average wages they paid did not drive these trends. Between 1996 and 2005, greater wage variance...

Starting from an improved understanding of the relationship between gender labour market stocks and the business cycle, we analyse the contributing role of flows in the US and UK. Focusing on the post 2008 recession period, the subsequent greater rise in male unemployment can mostly be explained...

If fiscal policy exerts pressure on public services, then attention often falls on the public-private sector wage differential. Estimated with longitudinal employer-employee data for the years 2002-16 in the United Kingdom, among men there was no significant public sector wage premium. However,...