Optimal matching algorithms are used to model the transformation of career systems in a large British bank (Lloyds) from 1890 to 1970. The authors first model the breakdown of the traditional ascriptive, status-based system, and then identify a more dynamic, achievement-based system as its replacement. By relating the structure of careers to organizational growth and social change, the authors explore how the modern achievement career came about. More broadly, they argue that optimal matching enables one to see clearly the multiple time frames that are necessarily intercalated into career systems and hence provides new insights into the discontinuous and contingent nature of organizational change.

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Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally severe banking crisis, and deep fiscal adjustment. This paper examines the income distribution consequences of the recession, and identifies the impact of a broad range of austerity policies on the income distribution. The overall fall in income was just under 8 per cent between 2008 and 2011, but the greatest losses were strongly concentrated on the bottom and top deciles. Tax, welfare and public sector pay changes over the 2008 to 2011 period gave rise to lower than average losses for the bottom decile. Thus, the larger than average losses observed overall are not due to these policy changes; instead, the main driving factors are the direct effects of the recession itself. Policy changes do contribute to the larger than average losses at high income levels.

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This series, published in conjunction with the British Sociological Association, evaluates and reflects major developments in contemporary sociology. The books focus on key changes in social and economic life in recent years and on the ways in which the discipline of sociology has analysed those changes. They reflect the state of the art in contemporary British sociology, while at the same time drawing upon comparative material to set debates in an international perspective.