Purpose – The aim of this paper is to model the dynamic path of adjustment towards pre-unemployment levels of wellbeing for a group of full-time workers who experienced job loss. Design/methodology/approach – Based on data from the German Socio-economic Panel, a large-scale panel survey,...

Purpose – The aim of this paper is to model the dynamic path of adjustment towards pre-unemployment levels of wellbeing for a group of full-time workers who experienced job loss. Design/methodology/approach – Based on data from the German Socio-economic Panel, a large-scale panel survey, the...

We examine the correlates of windfall gains amongst a sample of British respondents. Our results suggest that such gains are not random, but are significantly related to a variety of individual characteristics and traits. In particular, proxies of social capital are significantly related to the...

We examine the transition to, and survival in, self-employment among a sample of British workers. We find evidence of capital constrains, with wealthier individuals being more likely to transit ceteris paribus. Windfall gains raise the probability of transition at a decreasing rate – gains or...

Small- and medium-size enterprises (SMEs) play a fundamental role in the economic performance of major economies especially in the light of the new Basel Capital Accord. Several lending communities proposed to treat SMEs as retail clients to optimize capital requirements and profitability. In...

This study considers domestic and international small and medium-sized enterprises (SMEs) of the United Kingdom separately while modelling their default risk. To establish the empirical validation, separate one-year default prediction models are developed using dynamic logistic regression...