Key to the economics of international growth will be the role of the Internet in disseminating knowledge and technology more widely and at a faster rate than ever before. The work of the Lab will study what new forms of intellectual property rights will both motivate producers of intellectual assets and allow dissemination and use of these assets to stimulate cross-country growth. We will use new micro datasets to study whether the impact of the Internet leads to more perfect labour, product and financial markets. These include data and software supplied by a global e-auction company, which allows field studies of actual auctions and development of controlled auction experiments; and data provided by e-recruitment companies, which permits study of the efficiency of job search and whether this focuses labour demand on a limited set of workers or widens the pool that companies examine for hiring. In addition, we will examine how the Internet is changing trade unions in the UK and around the world by providing them with new portals to information, new ways of communicating with their members and with society, and customising services such as workplace, legal and career assistance to their members, at low cost.