Research Paper

The knowledge economy gets a reasonably clean bill of health as far as polarisation between “good” and “bad” jobs is concerned. Overall, the Efficiency and labour market polarisation paper agrees with recent analyses positing a stable labour market and continued expansion of well-paid jobs at the top of the labour market. With the exception of some remaining job polarisation for men, our findings stand in contrast to the hourglass economy story from the 1980s that stemmed from deindustrialisation and the disappearing middle class.