Oxford Review of Economic Policy volume 33, issue suppl_1, PS54-S69 2017 DOI: 10.1093/oxrep/grx014 View full text
Abstract: am grateful to Luca Enriques for thoughtful comments on an earlier version of this paper. The remaining errors are my own.1 Although it is common to think of this as an issue for 'the City', two thirds of these employees are based outside London.
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