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Stephen J. Nickell (1944–)

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Abstract

Steve Nickell is a researcher who has covered a lot of ground. At the start of his career, he worked on theoretical issues, quickly moving on to do empirical work. Nickell studied product market-related topics, but the focus of his work has been on labour market issues, ranging from individual unemployment durations to aggregate labour market institutions. In his research, Nickell emphasizes that distortions in the labour market are predominantly related to the system of benefits and the process of wage determination. According to Nickell, to reduce unemployment, governments should stimulate product market competition and link unemployment benefits to active labour market policies in order to move people from welfare to work.

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References

Main Works by Stephen J. Nickell

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  • Denny, K. and S.J. Nickell (1991). ‘Unions and Investment in British Manufacturing Industry’. British Journal of Industrial Relations, 29(1): 113–121.

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  • Denny, K and S.J. Nickell (1992). ‘Unions and Investment in British Industry’. Economic Journal, 102(413): 874–887.

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  • Faggio, G. and S.J. Nickell (2005). ‘The Responsiveness of Wages to Labour Market Conditions in the UK’. Labour Economics, 12(5): 685–696.

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  • Lancaster, T. and S.J. Nickell (1980). ‘The Analysis of Re-employment Probabilities for the Unemployed’. Journal of the Royal Statistical Society, Series A, 143(2): 141–165.

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  • Layard, R., D. Metcalf and S.J. Nickell (1978). ‘The Effect of Collective Bargaining on Relative and Absolute Wages’. British Journal of Industrial Relations, 16(3): 287–302.

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  • Layard, R. and S.J. Nickell (1980). ‘The Case for Subsidising Extra Jobs’. Economic Journal, 90(357): 51–73.

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  • Layard, R. and S.J. Nickell (1985a). ‘The Causes of British Unemployment’. National Institute Economic Review, 111(1): 62–85.

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  • Layard, R. and S.J. Nickell (1985b). ‘Unemployment, Real Wages and Aggregate Demand in Europe, Japan and the U.S’. Carnegie–Rochester Conference Series on Public Policy, 23(1): 143–202.

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  • Layard, R. and S.J. Nickell (1986). ‘Unemployment in Britain’. Economica, New Series, 53(210): S121–S169.

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  • Layard, R. and S.J. Nickell (1989). ‘The Thatcher Miracle?’. American Economic Review, 79(2): 215–219.

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  • Layard, R. and S.J. Nickell (1990). ‘Is Unemployment Lower if Unions Bargain Over Employment?’. Quarterly Journal of Economics, 105(3): 773–787.

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  • Layard, R. and S.J. Nickell (2011). Combating Unemployment. IZA Prize in Labor Economics. Oxford: Oxford University Press.

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  • Layard, R., S.J. Nickell and R. Jackman (1991). Unemployment: Macroeconomic Performance and the Labour Market. First edition. Oxford: Oxford University Press.

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  • Layard, R., S.J. Nickell and R. Jackman (2005). Unemployment: Macroeconomic Performance and the Labour Market. Second edition. Oxford: Oxford University Press.

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  • Narendranathan, W., S.J. Nickell and J. Stern (1985). ‘Unemployment Benefits Revisited’. Economic Journal, 95(378): 307–329.

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  • Narendranathan, W. and S.J. Nickell (1985). ‘Modelling the Process of Job Search’. Journal of Econometrics, 28(1): 29–49.

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  • Nickell, S.J. (1974a). ‘On the Role of Expectations in the Pure Theory of Investment’. Review of Economic Studies, 41(1): 1–19.

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  • Nickell, S.J. (1974b). ‘On Expectations, Government Policy and the Rate of Investment’. Economica, New Series, 41(163): 241–255.

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  • Nickell, S.J. (1975). ‘A Closer Look at Replacement Investment’. Journal of Economic Theory, 10(1): 54–88.

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  • Nickell, S.J. (1977a). ‘The Influence of Uncertainty on Investment’. Economic Journal, 87(345): 47–70.

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  • Nickell, S.J. (1977b). ‘Uncertainty and Lags in the Investment Decisions of Firms’. Review of Economic Studies, 44(2): 249–263.

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  • Nickell, S.J. (1977c). ‘Trade Unions and the Position of Women in the Industrial Wage Structure’. British Journal of Industrial Relations, 15(2): 192–210.

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  • Nickell, S.J. (1978). ‘Fixed Costs, Employment and Labour Demand Over the Cycle’. Economica, New Series, 45(180): 329–345.

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  • Nickell, S.J. (1979a). ‘Estimating the Probability of Leaving Unemployment’. Econometrica, 47(5): 1249–1266.

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  • Nickell, S.J. (1979b). ‘The Effect of Unemployment and Related Benefits on the Duration of Unemployment’. Economic Journal, 89(353): 34–49.

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  • Nickell, S.J. (1979c). ‘Unemployment and the Structure of Labour Costs’. Carnegie–Rochester Public Policy Conference Series, 11(1): 187–222.

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  • Nickell, S.J. (1979d). ‘Education and Lifetime Patterns of Unemployment’. Journal of Political Economy, 87(5): S117–S131.

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  • Nickell, S.J. (1981). ‘Biases in Dynamic Models with Fixed Effects’. Econometrica, 49(6): 1417–1426.

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  • Nickell, S.J. (1982). ‘The Determinants of Equilibrium Unemployment in Britain’. Economic Journal, 92(367): 555–575.

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  • Nickell, S.J. (1984a). ‘An Investigation of the Determinants of Manufacturing Employment in the UK’. Review of Economic Studies, 51(4): 529–557.

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  • Nickell, S.J. (1984b). ‘A Review of Unemployment: Cause and Cure, by P. Minford with D. Davies, M. Peel and A. Sprague’. Economic Journal, 94(376): 946–953.

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  • Nickell, S.J. (1986). ‘Dynamic Models of Labour Demand’. Chapter 9 in O. Ashenfelter and R. Layard (eds) Handbook of Labor Economics. Volume 1. Amsterdam: North-Holland: 473–522.

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  • Nickell, S.J. (1987). ‘Why Is Wage Inflation in Britain So High?’. Oxford Bulletin of Economics and Statistics, 49(1): 103–128.

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  • Nickell, S.J. (1990a). ‘Inflation and the UK Labour Market’. Oxford Review of Economic Policy, 6(4): 26–35.

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  • Nickell, S.J. (1990b). ‘Unemployment: A Survey’. Economic Journal, 100(401): 391–439.

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  • Nickell, S.J. (1996). ‘Competition and Corporate Performance’. Journal of Political Economy, 104(4): 724–746.

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  • Nickell, S.J. (1997). ‘Unemployment and Labour Market Rigidities: Europe Versus North America’. Journal of Economic Perspectives, 11(3): 55–74.

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  • Nickell, S.J. (1998). ‘Unemployment: Questions and Some Answers’. Economic Journal, 108(448): 802–816.

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  • Nickell, S.J. (1999). ‘Product Markets and Labour Markets’. Labour Economics, 6(1): 1–20.

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  • Nickell, S.J. (2004). ‘Poverty and Worklessness in Britain’. Economic Journal, 114(494): C1–C25.

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  • Nickell, S.J. and B. Bell (1996). ‘Changes in the Distribution of Wages and Unemployment in OECD Countries’. American Economic Review, 86(2): 302–308.

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  • Nickell, S.J. and P. Kong (1992). ‘An Investigation into the Power of Insiders in Wage Determination’. European Economic Review, 36(8): 1573–1599.

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  • Nickell, S.J. and R. Layard (1999). ‘Labour Market Institutions and Economic Performance’. Chapter 46 in O. Ashenfelter and D. Card (eds) Handbook of Labor Economics. Volume 3. Amsterdam: North-Holland: 3029–3084.

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  • Nickell, S.J. and D. Metcalf (1978). ‘Monopolistic Industries and Monopoly Profits or, Are Kellogg’s Cornflakes Overpriced?’. Economic Journal, 88(350): 254–268.

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  • Nickell, S.J. and D. Nicolitsas (1997). ‘Wages, Restrictive Practices and Productivity’. Labour Economics, 4(3): 201–221.

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  • Nickell, S.J. and D. Nicolitsas (1999). ‘How Does Financial Pressure Affect Firms?’. European Economic Review, 43(8): 1435–1456.

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  • Nickell, S.J., D. Nicolitsas and N. Dryden (1997). ‘What Makes Firms Perform Well?’. European Economic Review, 41(3–5): 783–796.

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  • Nickell, S.J., D. Nicolitsas and M. Patterson (2001). ‘Does Doing Badly Encourage Management Innovation?’. Oxford Bulletin of Economics and Statistics, 63(1): 5–28.

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  • Nickell, S.J., L. Nunziata and W. Ochel (2005). ‘Unemployment in the OECD Since the 1960s: What Do We Know?’. Economic Journal, 115(500): 1–27.

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  • Nickell, S.J. and G. Quintini (2003). ‘Nominal Wage Rigidity and the Rate of Inflation’. Economic Journal, 113(490): 762–781.

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  • Nickell, S.J. and J. Tymes (1976). ‘On the Properties of Linear Decision Rules and Their Derivation by an Iterative Procedure’. Econometrica, 44(2): 323–336.

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  • Nickell, S.J., J. Vainiomaki and S. Wadhwani (1994). ‘Wages and Product Market Power’. Economica, New Series, 61(244): 457–473.

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  • Nickell, S.J. and J.C. van Ours (2000a). ‘The Netherlands and the United Kingdom: A European Unemployment Miracle?’. Economic Policy, 15(30): 135–180.

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  • Nickell, S.J. and J.C. van Ours (2000b). ‘Why Has Unemployment in the Netherlands and the United Kingdom Fallen So Much?’. Canadian Public Policy, 26(July): S201–S220.

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  • Nickell, S.J. and S. Wadhwani (1988). ‘Unions, Wages and Employment: Tests Based on UK Firm-Level Data’. European Economic Review, 32(2–3): 727–733.

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  • Nickell, S.J. and S. Wadhwani (1990). ‘Insider Forces and Wage Determination’. Economic Journal, 100(401): 496–509.

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  • Nickell, S.J. and S. Wadhwani (1991). ‘Employment Determination in British Industry: Investigations Using Micro-data’. Review of Economic Studies, 58(5): 955–969.

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  • Nickell, S.J., S. Wadhwani and M. Wall (1992). ‘Productivity Growth in UK Companies’. European Economic Review, 36(5): 1055–1085.

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Other Works Referred To

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  • Belot, M. and J.C. van Ours (2004). ‘Does the Recent Success of Some OECD Countries in Lowering Their Unemployment Rates Lie in the Clever Design of Their Labour Market Reforms?’. Oxford Economic Papers, 56(4): 621–642.

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Authors and Affiliations

  1. Erasmus School of Economics, Rotterdam, The Netherlands

    Jan C. van Ours

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  1. Jan C. van Ours
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Correspondence to Jan C. van Ours .

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  1. Researcher in Economics, London, UK

    Robert A. Cord

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van Ours, J.C. (2019). Stephen J. Nickell (1944–). In: Cord, R.A. (eds) The Palgrave Companion to LSE Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-58274-4_34

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  • DOI: https://doi.org/10.1057/978-1-137-58274-4_34

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