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All is not equal.

By Andrew B. Bernard, Stephen Redding, Peter K. Schott and Helen Simpson

Abstract

Theory suggests that market forces should bring the relative pay of skilled workers into line in different regions within a country. Andrew Bernard, Stephen Redding, Peter Schott and Helen Simpson show that this is not the case for the UK and argue that regional industrial policy needs to take this into account.

OAI identifier: oai:RePEc:ner:lselon:http://eprints.lse.ac.uk/4611/

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