Department of Economics and
Centre for Economic Performance,
London School of Economics and Political Science
ERC Advanced Grant LPIGMANN
(Grant agreement ID: 834455), 2019-2025
Most advanced economies have struggled to deliver inclusive growth in recent decades. Many voters are fearful about the impact on their lives of technological change, of large-scale immigration, and a shifting balance of power in the labour market that seems to have benefitted employers at the expense of workers. There is a widening gap in economic fortunes between ex-industrial areas and dynamic cities with service-based economies. The stakes are high: we should not be that surprised if some voters no longer support growth-enhancing policies if they do not see themselves as benefitting from that growth.
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While it is easy to identify the problems, diagnosing the causes and finding solutions that can deliver inclusive growth is more difficult. This project improved our understanding of the causes of what ails us with the ultimate aim of improving policies.
It developed better conceptual frameworks for thinking about imperfect competition in labour markets, the economic and social impacts of immigration and the impacts of technology on the labour market. But it also aimed to develop policy recommendations on skills formation, migration policy and labour market competition policy.
Outputs
Monopsony and Imperfect Competition in Labour Markets
“Estimating labour market power: the long and short of it” June 2025 (with Ihsaan Bassier) [Link to DP].
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“The Wage Elasticity of Recruitment”, November 2022 (with Boris Hirsch, Elke Jahn, and Michael Oberfichtner) [Link to DP]
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“Monopsony and the Wage Effects of Migration,” (with Michael Amior), Economic Journal, forthcoming link.
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“Vacancy Duration and Wages” (with Ihsaan Bassier and Barbara Petrongolo), Review of Economics and Statistics, forthcoming link.
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​“The Measure of Monopsony,” (with Monica Langella) , Journal of the European Economic Association, 2021. link​
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The Economic and Social Impacts of Migration
“Intergenerational Mobility of Immigrants in 15 Destination Countries” March 2025 (with Leah Boustan, Mathias Jensen and many others) [Link to DP].
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“Only Human? Immigration and Firm Productivity in Britain”, December 2024 (with Tessa Hall) [Link to DP].
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“Should I stay or should I go? Return migration from the United States”, February 2024 (with Graham Mazeine) [Link to DP]
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“Immigration and Vocational Training; Evidence from England”, January 2024 (with Sandra McNally and Guglielmo Ventura) [Link to DP]
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“Predicting Net Migration”, October 2023 (with Tessa Hall and Madeleine Sumption) [Link to DP]
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"Why Immigration Policy Is Hard and How To Make It Better", Polity Press link​
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“Background matters, but not whether parents are immigrants: outcomes of children born in Denmark” (with Mathias Jensen), American Economic Journal (Applied), 2025 link.​
“Ethnic Minority and Migrant Pay Gaps Over the Life-Cycle” (with Tessa Hall and Rebecca Rose) Oxford Review of Economic Policy,2024 link.
Technology and the Labour Market
“Subjective Job Insecurity and the Rise of the Precariat: Evidence from the UK, Germany and the United States”, (with Graham Mazeine) Review of Economics and Statistics,2024 link
