Frijters, Paul; Gregory, Robert
The 25 years after World War II witnessed strong labour market institutions and beneficial labour market outcomes - high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid-1970s. Labour market outcomes deteriorated as full-time employment-population ratios fell, particularly among men; unemployment and welfare use increased; and real wages grew slowly. The golden age passed. In response, successive governments have increasingly begun to dismantle the...[Show more]
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.