Brexit and skill shortages: an empirical analysis of UK SMEs

Technology, Wages and Skill Shortages: Evidence from UK Micro Data

Why have skill shortages continue to persist despite increases in training and the skill levels of the workforce? We argue that technical progress has raised the demand for skilled labour to mach the observed increase in supply. We provide econometric evidence in support of this hypothesis, showing that skill shortages are higher for establishments that use advanced technology in the production...

Directors’ Pay and the Separation of Ownership from Control in UK SMEs: an empirical analysis by

This paper examines directors’ pay for a sample of 629 UK SMEs from 1991 to 1995. Approximately half of the sample were closely-held (i.e., owner-managed) firms, which allowed empirical testing of a number of hypotheses regarding the relationships between directors pay and the separation of ownership from control. As with previous research findings relating to large firms, non-closely-held SME ...

Succession Planning in SMEs: An Empirical Analysis

Brexit and funding for UK R&D.

THIS time last year, the UK’s electorate was gearing up to vote in a referendum to decide on the country’s future in the European Union. This week, the electorate is gearing up to vote again, this time to decide on the government it wants to lead Brexit negotiations. Among those who will be following those negotiations closely will be members of the UK’s research, development and innovation sec...

Skill, Strategy and Passion: an Empirical Analysis of Soccer

Sports provide a natural experiment on individual choices in games with high stakes. We study soccer, analysing a simple game theoretic model of a match and using data to evaluate the performance of this model in explaining actual behaviour. A team's optimal strategy depends on the current state of the game. When the game is tied, both teams attack because this maximises their probability of sc...