Tag: real wage decrease

UK 18 year olds: Employment, Unemployment and Inactivity

Taxes and Attitudes

Participation in society, crime, tax evasion, and general ‘social cohesiveness’ can reveal much about social preferences when it comes to tax rates and government programs such as wealth redistribution. ...

/ April 25, 2019
UK 18 year olds: Employment, Unemployment and Inactivity

UK 18 Year Olds: Employment, Unemployment and Inactivity

Following the economic downturn, workers aged 18 did not experience the rise in unemployment that their older counterparts. This may be due to the relatively lower cost of employing 18 year old workers to minimum wage positions ...

/ April 11, 2019
UK Supermarkets Market Share

UK Supermarkets Market Share

The UK Competition and Markets Authority delivered a major blow to the efforts of Sainsbury Plc to acquire Asda, the WalMart-owned grocery competitor. The deal would have created...

/ March 21, 2019

GDP per Hour Worked and Labour Market Reforms

If anything is to be learned from the contrasting experiences of Germany and Greece, it is that there is rarely a policy in economics which is always correct or universally applicable...

/ March 14, 2019