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Fast productivity growth in the UK car industry led to staff in the sector earning about 37% more than the average manufacturing employee by the 2010s. But Andreas Teichgraeber and Tim Obermeier show that while wages wen...Read more...
Tim Obermeier and Andreas Teichgraeber
20 February 2025
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 decl...Read more...
Agnes Norris Keiller, Tim Obermeier, Andreas Teichgraeber and John Van Reenen
3 July 2024