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 …

This paper uses a large firm-level data set of UK companies and information on their pre-crisis lending relationships …. Controlling for demand in the product market, we find that the contraction in credit supply reduced labour productivity, wages and …

In this paper we explore the link between firm labour productivity and the introduction of the NMW over a more than ten … data to calculate firm-specific labour productivity measures and then aggregate them to the level of the low-paying sectors …, aggregate LPC sector labour productivity has been significantly positively affected by the NMW in the long run; the effects …

We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of … period from 1989 to 2013 using data for UK-regulated firms which encompasses a wider range of firms than for previous studies … others. Importantly, competition intensity decreased (and the ability of UK deposit-takers to extract market rents from …

Germany and the UK whether the self-employed are less likely to move or migrate than employees. Using longitudinal data from … in employment status we found little evidence that the self-employed in Germany and the UK are more rooted in place than …