The UK productivity and jobs puzzle: does the answer lie in labour market flexibility?
"GDP per worker fell for the five years after 2008 which is unprecedented in post war UK history. In this paper we argue that “capital shallowing” (i.e. the fall in the capital-labour ratio) could be the main reason for this. This is likely to have occurred due to changes in factor prices: a la...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
London
2014
LSE |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19110537124919387199-The-uK-productivity-and-jobs-p.htm |
