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This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …
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employment and wages in the United Kingdom. It finds that firms can benefit from services trade, through increased employment …, production and productivity. On average, workers’ wages are also positively impacted by increased services trade. The findings … suggest that services imports enhance female wages more than those of males, thereby contributing to narrow the gender wage …
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workers are affected the most, how employment and wages adjust to increased services trade, and the impact of policy settings … quantitatively small. Looking at the distributional impact, there is mixed evidence for a skill bias in wages related to increased … exert downward pressure on the wages of women compared to the ones of men. …
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should, in particular, focus on boosting regional resilience to industry related shocks, whether they come from trade or …
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