The law of one price asserts that, with costless trade, prices for identical goods in different countries should be equal after accounting for the exchange rate. The empirical literature suggests that exchange rate pass-through to prices is low and that the law of one price fails; instead, firms...

Effective monitoring of a minimum wage, requires that establishments potentially paying low wages are effectively identified. This paper investigates the identification of establishments paying low wages prior to the introduction of the British National Minimum Wage in 1999, through the...

Enforcing compliance with the National Minimum Wage (NMW) in the British economy requires the identification of those establishments that are likely to pay a substantial proportion of their employees less than the NMW. In this paper, a fuzzy decision support system is constructed to aid in the...

It has long been suggested that the industrial structure in Britain is partitioned along core-periphery lines, as posited in segmented labor market theory. Empirical evidence for this proposition, however, has not been strong. In contrast to previous work, this study uses establishment-level...

Using Britain's 1998 Workplace Employee Relations Survey, this paper investigates the characteristics of establishments paying low wages immediately prior to the introduction of the UK's National Minimum Wage in April 1999. It demonstrates that a range of personal, oragnizational and...

An analysis is made of the effect of YTS participation on the subsequent employment and earnings of participants. It uses data from the first cohort of the England and Wales Youth Cohort Studies. These focus on a cohort of young persons who reached the minimum school-leaving age in 1984 and were...

Differential exposure to financial strain may explain some differences in population health. However, few studies have examined the cumulative health effect of financial strain across the life-course. Studies that have are limited to self-reported health measures. Our objective was to examine...

The internal labor market concept has had a major impact upon economic analysis. In particular, it has prompted economists, to closely examine questions of work effort and motivation, and to recognize that labor is a qualitatively different factor of production from capital. Economists have...