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This paper presents a series of results concerning the labour-market impact of inward foreign direct investment (FDI) in the UK. The paper demonstrates that one of the crucial impacts of FDI is to increase wage inequality and the use of relatively more skilled labour in the domestic firms. This...
Persistent link: https://www.econbiz.de/10009474775
Economists have been somewhat remiss in dealing with the issue of workerabsence. This is surprising given the figures involved. In the year of the lastminers' strike, 27 million working days were lost as a result of strike activity, afigure which pales by comparison with the 375 million working...
Persistent link: https://www.econbiz.de/10009461312
We explore the possibility that a systematic relationship exists between employment within a particular type of contract and risk preference. We exploit a set of proxies for risk preference, whereby some of the proxies capture risk loving behaviour (expenditure on gambling, smoking and alcohol)...
Persistent link: https://www.econbiz.de/10009475665