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Persistent link: https://www.econbiz.de/10012691056
). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high … Performance of SMEs, by Risk Groups -- 5. Japan: Slow SME Restructuring -- 6. Limited Availability of Risk-based Capital and … conditions have been accommodative, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs …
Persistent link: https://www.econbiz.de/10012690154
Intro -- Contents -- I. INTRODUCTION -- II. EXPORT PERFORMANCE IN ZIMBABWE -- III. ANALYSIS OF THE DETERMINANTS OF EXPORT BEHAVIOR -- IV. COMPARATIVE MEASURES OF COMPETITIVENESS -- V. CONCLUSIONS -- Appendix I. Description of Sources and Transformation -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691171
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …
Persistent link: https://www.econbiz.de/10011123849
policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward …
Persistent link: https://www.econbiz.de/10005825999
The paper traces the Baltics’ adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita income levels back to 2005/06 levels. In response to this shock, the Baltics...
Persistent link: https://www.econbiz.de/10008671289
This paper deals with the privatization, restructuring, and liquidation of East German industrial firms. A partnership model is suggested for privatization where the Government’s property trust (Treuhandanstait (THA)) is made a silent partner of the private investors. The application of a...
Persistent link: https://www.econbiz.de/10005768873
externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the …
Persistent link: https://www.econbiz.de/10005599636
The main focus of the “wage bargaining” literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the...
Persistent link: https://www.econbiz.de/10005599701
This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are often part of government programs supported by the IMF's Poverty Reduction and...
Persistent link: https://www.econbiz.de/10005604920