Labour supply and workforce

Immigration remains a highly antagonistic issue and its purported effects in the labour market are still contestable. Against this background, the UK looks set to undertake a large overhaul of its immigration policy following the decision to leave the EU.

We document employment rates of older men and women in the UK over the last forty years. In both cases growth in employment since the mid 1990s has been stronger than for younger age groups. On average, older men are still less likely to be in work than they were in the mid 1970s although this is not true for those with low education. We highlight issues with using years of schooling as a measure of educational achievement for analysing labour market trends at older ages, not least because a large proportion of men who left school at young ages without any formal qualifications, have subsequently acquired some.

This paper estimates how much additional work capacity there might be among men and women aged between 55 and 74 in the United Kingdom, given their health, and how this has evolved over the last decade.

This paper provides an empirical account of the dynamic payoff to work and how it is affected by taxes and transfers.

In this paper, we present new evidence on the employment effect and the incidence of the minimum wage by exploiting a very large and persistent increase in the minimum wage in Hungary.

Working Hours Flexibility and Timing of Retirement: Findings from Europe

In this paper, we develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context.

Many theories of labor market turnover generate a job ladder. Due to search frictions, workers earn rents from employment.

This article extends a classic on‐the‐job search model of homogeneous workers and firms by introducing a shirking problem. Workers choose their effort levels and search on the job. Firms elicit effort through wages and monitoring; an inverse relationship between wages and monitoring rates is derived. Wages play a dual role by allocating labor supply and motivating employee effort. This gives rise to an equilibrium wage distribution that contrasts with existing literature. In particular, I show that a hump‐shaped and positively skewed wage distribution, as observed empirically, can be derived even when firms and workers are, respectively, identical.

This paper examines the equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions.

We examine the labor market consequences of an exogenous increase in the supply of skilled labor in several cities in Norway, resulting from the construction of new colleges in the 1970s.

We study household income inequality in both Great Britain and the United States and the interplay between labour market earnings and the tax system.

We analyse the impact of nationally regulated pay on the quality of applicants to be police officers across England and Wales, exploiting a unique dataset of individual test scores from the national assessment required of all police applicants, and combining this with data on local labour markets and policing conditions.