Thomas Rabensteiner
@thomasrab.bsky.social
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Lecturer in Economics @University of Greenwich
reposted by
Thomas Rabensteiner
Jo Michell
5 months ago
New research! Austerity and the labour market in the UK.
papers.ssrn.com/sol3/papers....
Headline result: austerity reduced wages, increased employment rates, and contributed to weak productivity. 1/n
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Estimating the effects of austerity on the labour market: Evidence from Great Britain
Between 2010 and 2019, in response to concern about the public finances, the UK government imposed substantial cuts to public spending. This austerity programme
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5923063
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