Thomas Rabensteiner
thomasrab.bsky.social
Thomas Rabensteiner
@thomasrab.bsky.social
Lecturer in Economics @University of Greenwich
Reposted by Thomas Rabensteiner
New research!

Austerity and the labour market in the UK.

papers.ssrn.com/sol3/papers....

Headline result: austerity reduced wages, increased employment rates, and contributed to weak productivity.

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Estimating the effects of austerity on the labour market: Evidence from Great Britain
Between 2010 and 2019, in response to concern about the public finances, the UK government imposed substantial cuts to public spending. This austerity programme
papers.ssrn.com
December 15, 2025 at 10:48 AM