Van Reenen

Jan 13, 2025 | irishvetjournal.biomedcentral.com | van Dijk |Van Reenen |Eddie A. M |Munster Technological Kerry

Live transport, by its nature, is a variable event with combined periods of moving and waiting at staging posts, which are often repeated events. A calf’s negative experiences during transport are a summation of psychological and physical strain, the need to constantly adjust to the truck’s unsteady movements, and feed deprivation culminating in an altered physiological status and loss of homeostasis.

Jul 26, 2024 | cep.lse.ac.uk | Van Reenen

CEP discussion paper When trade drives markup divergence: An application to auto markets When firms sell in multiple markets, estimates of markups from the demand-side will generally diverge from estimates based on the supply-side (e.g. via production functions). The empirical examination of the importance of this fact has been hampered by the absence of market-specific cost data.

Jul 17, 2024 | academic.oup.com | Van Reenen

Wage and earnings inequality has been on the rise in the UK since the late 1970s/early 1980s, and with faster increases than comparator countries, it is now one of the countries with the highest levels of wage and earnings inequality in the developed world. Labour market inequality arises in various forms: inequalities in employment opportunities, wages, and hours worked, but also in other dimensions of employment, such as job security.

Jul 11, 2024 | cep.lse.ac.uk | Van Reenen |de Paula

CEP discussion paper Production function estimation using subjective expectations data Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices.

Jul 3, 2024 | cep.lse.ac.uk | Van Reenen

CEP discussion paper An engine of (pay) growth? Productivity and wages in the UK auto industry When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom.