3,249 research outputs found

    Unemployment and the UK Labour Market Before, During and After the Golden Age

    Get PDF
    During the ‘golden age’ of the 1950s and 1960s unemployment in Britain averaged 2 per cent. This was far lower than ever before or since and a number of hypotheses have been put forward to account for this unique period in labour market history. But there has been little attempt to isolate precisely how the determinants of wage setting and unemployment differed before, during and after the golden age. We estimate a two-equation model over the whole period from 1872 to 1999 using a newly constructed set of long-run labour market data. We find that the structure of real wage setting was different in the golden age, consistent with notions about the postwar consensus, but it did not result in wages that were significantly lower relative to productivity than during other eras. Rapid growth in productivity and world trade together with low interest rates did keep unemployment lower during the golden age than after the 1970s. But the key difference between the golden age and the periods before and after was shifts in labour demand that are not accounted for by any of the variables that are usually thought to determine the equilibrium unemployment rate

    Regional Labour Market Integration in England and Wales, 1850-1913

    Get PDF
    [Excerpt] This chapter examines the integration of labour markets within the rural and urban sectors of England and Wales during the second half of the nineteenth century. Although there is a large literature on internal migration and emigration in Victorian Britain, historians typically have focused on the direction and causes of migration rather than on its consequences for the labour market. Broadly speaking, the literature has found that workers did indeed migrate towards better wage-earning opportunities, that most moves were short-distance moves, and that once certain patterns of migration were established they often persisted. The studies leave the strong impression, if only implicitly, that although there was considerable migration, opportunities for arbitrage were not fully exploited. However, analyses of the pattern and extent of migration movements shed little light on the issue of integration. Markets could be perfectly integrated but exhibit little migration or they could exhibit high rates of migration but be poorly integrated. A better measure of labour market integration can be obtained by examining wage rates. There is a large literature on the history of wages during the nineteenth century. However, with the exception of Arthur Bowley (1898, 1900a, 1900b, 1901), A. Wilson Fox (1903), and most importantly E.H. Hunt (1973, 1986), historians have not examined the changes over time in local or regional variations in wages within occupations. This chapter extends the work of Bowley, Fox, and Hunt, by offering several tests for the degree of labour market integration and its trend from 1850 to 1913. We construct annual regional wage series for agricultural labourers and carpenters, and use these new wage series to test for regional wage convergence and to estimate structural models to assess the degree of labour market integration between regions

    Path Planning of an Autonomous Surface Vehicle based on Artificial Potential Fields in a Real Time Marine Environment

    Get PDF
    With growing advances in technology and the everyday dependence on oceans for resources, the role of unmanned marine vehicles has increased many a fold. Extensive operations having naval, civil and scientific applications are being undertaken and demands are being placed on them to increase their flexibility and adaptability. A key factor for such vehicles is the requirement for them to possess a path planning subsystem. Most path planning techniques are implemented in self-simulated environments. This study accounts for use of artificial potential field in path planning of an autonomous surface vehicle (ASV) in a real time marine environment. Path cost, path length and computational time are described to ensure the effectiveness of the motion planning

    Medical Etiquette.

    Get PDF
    n/

    Towards use of Dijkstra Algorithm for Optimal Navigation of an Unmanned Surface Vehicle in a Real-Time Marine Environment with Results from Artificial Potential Field

    Get PDF
    The growing need of ocean surveying and exploration for scientific and industrial application has led to the requirement of routing strategies for ocean vehicles which are optimal in nature. Most of the optimal path planning for marine vehicles had been conducted offline in a self‐made environment. This paper takes into account a practical marine environment, i.e. Portsmouth Harbour, for finding an optimal path in terms of computational time between source and end points on a real time map for an USV. The current study makes use of a grid map generated from original and uses a Dijkstra algorithm to find the shortest path for a single USV. In order to benchmark the study, a path planning study using a well‐known local path planning method artificial path planning (APF) has been conducted in a real time marine environment and effectiveness is measured in terms of path length and computational time

    The Union Wage Effect in Late Nineteenth Century Britain

    Get PDF
    [Excerpt] This paper offers an historical dimension to the impact of trade unions on earnings by estimating the union wage effect in Britain in 1889-90 using data from the US Commissioner of Labor survey conducted at that time. The determinants of union status are also investigated in terms of a probit estimation using individual characteristics which may be correlated with union membership. The results of this first step are used in the computation of selectivity corrected estimates of the union wage effect. It is found that the effect of union membership on earnings at this time was of the order of 15%-20% and that this effect was similar at different skill levels. A broadly similar pattern is observed for industry groups, although the difference in the impact of unions on earnings across industries was greater than across skill groups
    corecore