Exchange rates and wages in unionised labour markets

We investigate the impact of exchange rate movements on wage determination in unionised labour markets. Using a simple model of international oligopoly, we show that organised labour has a rational incentive to accept lower wages in the face of a currency appreciation. This proposition is examined empirically using a matched worker-firm dataset for Portugal. We find results consistent with the predictions of the model, though the impact varies considerably with both worker characteristics and the regional unemployment rate.Exchange rates, trade unions, wage bargaining, worker-firm data

Content without context is noise : Looking for curriculum harmony in primary arts education in Western Australia

Arts education in Western Australian primary schools consist of learning opportunities outlined by mandated curriculum. However, assumptions underlying this curriculum involving access, resources and support impact schools’ capacity to implement the curriculum without them being adequately addressed by the written curriculum. Drawing on the policy enactment theory of Ball, Maguire, and Braun (2012), four contextual variables (situated contexts, professional cultures, material contexts and external factors) are used to highlight the differences between the written published curriculum and the implemented, practised curriculum. Drawing on interviews with 24 participants across four schools issues of geographic location, use of arts specialists, appropriate learning spaces and the stresses associated with mandated literacy and numeracy testing are reported as contextual pressures by this study. This paper details the disruptive interference of these contextual pressures that we describe as ‘noise’. The provision of a better understanding of this contextual landscape brings schools and teachers away from the ‘noise’ of disruption and closer to curriculum harmony

Job Creation, Job Destruction and the Role of Small Firms: Firm-Level Evidence for the UK

Evidence on job creation and destruction for the UK is still limited compared to that available from other countries. What evidence there is refers almost entirely to the manufacturing sector, with the most recent figures referring to the 1980s. There are therefore no recent estimates for the great majority of firms in the UK . In this paper we use firm-level data from 1997–2005 to calculate job creation and destruction rates for almost all sectors, including services. We show that firms in the service sector exhibit much higher rates of job creation and slightly higher rates of job destruction. One-third of new jobs are created by the entry of new firms, while half of lost jobs are destroyed by the exit of firms. “Small” firms (those with fewer than 100 employees) account for a disproportionately large fraction of job creation and destruction relative to their share of employment. This finding is robust to the definition of firm size used.Job creation, job destruction, small firms