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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Underemployment and the Lack of Wage Pressure in the UK
Author(s): Bell, David
Blanchflower, David
Keywords: unemployment
wage inflation
Issue Date: Feb-2018
Date Deposited: 23-Feb-2018
Citation: Bell D & Blanchflower D (2018) Underemployment and the Lack of Wage Pressure in the UK. National Institute Economic Review, 243 (1), pp. R53-R61.
Abstract: In this note, we focus on underemployment as a potential cause of lower wage growth, which itself may have deeper causes, but which has, we would argue, demonstrably changed since the 2008 recession. The gap between our measures of the number of additional hours required by those who want more hours and the number who want less has narrowed recently. Neither have returned to their pre-recession levels. In our view, underemployment remains a major factor in explaining the 2 per cent wage norm that continues to exist in the UK.
DOI Link: 10.1177/002795011824300114
Rights: Bell D & Blanchflower D, Underemployment and the Lack of Wage Pressure in the UK, National Institute Economic Review, 243 (1), pp. R53-R61. Copyright © Authors 2018. Reprinted by permission of SAGE Publications.

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