Rizov, Marian; Croucher, Richard; Lange, Thomas - 2018
Low pay poses issues for managers internationally. We examine productivity in low-paying sectors in Britain, since the … National Minimum Wage's (NMW) introduction. We use a multiple channel analytical strategy, emphasising the wage-incentives … channel and linking it to a model of unobserved productivity. We estimate firm-specific productivity measures and aggregate …