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The recession of 2008-09 inflicted a larger cumulative loss of UK output than any of the previous post-war recessions, yet there has been a relatively low loss of employment, at least so far. Paul Gregg and Jonathan Wadsworth look for an explanation.
Persistent link: https://www.econbiz.de/10009416226
and fiscal policies during the recession, reductions in real producer wages and relatively buoyant real consumer wages … back and productivity growth remains low, it may be that it will take a long time for employment to return to levels last …
Persistent link: https://www.econbiz.de/10010700448
This paper examines how employees' experiences of, and attitudes towards, work have changed over the last quarter of a century. It assesses the extent to which any developments relate to the economic cycle and to trends in the composition of the British workforce. Many of the findings are...
Persistent link: https://www.econbiz.de/10009643561
There are large variations in economic performance across UK cities and on some measures, they have widened since the global financial crisis. All main parties promise action to reduce them, but there is little difference between them in terms of the policies that they would pursue to meet this...
Persistent link: https://www.econbiz.de/10011240548
For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies with detailed data on how their CEOs allocate their work time, which we...
Persistent link: https://www.econbiz.de/10010543481
The behaviour of labour productivity in the United Kingdom since the onset of the recession in early 2008 constitutes a … puzzle. Over four years after the recession began labour productivity is still below its previous peak level. This paper … crisis to have both a short-run effect on the growth rate of labour productivity and a long-run effect on its level is …
Persistent link: https://www.econbiz.de/10010604793
, where family ownership is widespread and the productivity dispersion across firms is substantial. Time use analysis of 356 … devote to work activities, and longer working hours are associated with higher firm productivity, growth, profitability and …
Persistent link: https://www.econbiz.de/10010721416
The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data … discuss a wide range of hypotheses which seek to explain the productivity collapse, including the impact of austerity. Most of … financial crises, particularly banking crises, on productivity, capital, TFP and employment. Based on a cross-country panel …
Persistent link: https://www.econbiz.de/10010700733