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We use matched employee-employer data from the UK to highlight the importance of social skills, including the ability to work well in a team and communicate effectively with co-workers, as a driver for individual wage growth for workers with few formal educational qualifications. We show that...
Persistent link: https://www.econbiz.de/10014382140
Matched employee-employer data from the UK are used to investigate the importance of social skills, in particular team-work and communication with co-workers, as a driver of wage growth for workers with lower formal education. We find that in social skills tasks, workers enjoy greater wage...
Persistent link: https://www.econbiz.de/10014505307
consequently, firms' profitability and performance. This research paper aims to investigate the economic impact of minimum wage … increase on firms' average wages, number of employees, profitability and productivity in the case of North Macedonia. The … the increase in minimum wages didn't affect firms' profitability significantly and this result is robust to the changes in …
Persistent link: https://www.econbiz.de/10012626192
The beneficial effects of innovation for firms' performance and competitiveness are well documented, but it has been suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely on knowledge generation, their emerging...
Persistent link: https://www.econbiz.de/10013162218
The institutional literature suggests that long-term tax incentives are crucial for entrepreneurs, but studies on this topic are hampered by theoretical and empirical problems related to how to define and measure entrepreneurial income. We resolve these problems by drawing on a theoretical...
Persistent link: https://www.econbiz.de/10013194527
This paper studies the effects of the minimum wage on the life cycle of firms. We first build a tractable model where heterogeneous firms have labor market power, invest in innovation, and choose formal or informal sectors. The model predicts that a minimum wage hike not only shrinks young and...
Persistent link: https://www.econbiz.de/10014529916
Sustainability has become an imperative. Understanding the effects of countries' policies thereon has therefore acquired vital importance. This is particularly the case with ubiquitous policies such as investment promotion. In this paper, we address this timely policy question from an...
Persistent link: https://www.econbiz.de/10014540283
Persistent link: https://www.econbiz.de/10014513653
Persistent link: https://www.econbiz.de/10011712932
We analyse the relationship between the extent of a firm's corporate social responsibility (CSR) and its long-term survival probability. We conjecture that a better CSR rating is associated with a lower probability of corporate failure and a longer survival period. Consistent with this, we...
Persistent link: https://www.econbiz.de/10012815072