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Reforming the labour market: an assessment of the UK policies of the Thatcher era

Abstract:

Under Thatcher the United Kingdom introduced a major program of labour market deregulation, claimed to have made the United Kingdom one of the least regulated labour markets in the OECD. This paper reviews the measures implemented and assesses their impact. Trade union membership declined steeply, and collective bargaining was curtailed even more sharply. The impact of the legislation curbing unions can be exaggerated, given that it coincided with wider developments. At the microeconomic leve...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1111/1467-8462.00077

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Institution:
University of Oxford
Oxford college:
St Hilda's College
Department:
Social Sciences Division - Economics
Publisher:
Blackwell Publishers Ltd.
Journal:
Australian Economic Review Journal website
Volume:
31
Issue:
4
Pages:
329-344
Publication date:
1998
DOI:
URN:
uuid:f985db55-dbfe-42fe-9543-99d8f0e74d19
Local pid:
oai:economics.ouls.ox.ac.uk:10337
Language:
English

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