Sentence examples for switch to wage from inspiring English sources
Because formal firms' demand is falling both for formal and informal female wage employees (scale effect), self-employed women switch to wage employment in informal firms.
This argument suggests entrepreneurs may also earn less on average if their human capital investments anticipating success as entrepreneurs are subject to depreciation if they switch to wage work.
That definition seems consistent with the Lazear framework where diversity of occupational experiences may be selected as a means to becoming an entrepreneur later, while individuals who misjudge their entrepreneurial venture and switch to wage work are clearly choosing entrepreneurial and wage work as separate occupations.
By allowing agents to switch from entrepreneurship to wage work and vice versa over the life cycle, this study proposes a dynamic Jacks-of-All-Trades (JAT) model where entrepreneurs invest in highly varied skills to manage their business.
While the productivity of other advanced economies has bounced back since the crash, Britain's has stagnated as employers have switched to low-wage, low-skilled labour, rather than invest to raise output and efficiency.
The theory relies on two critical assumptions that are testable: switching from entrepreneurship to wage work will bring an income reduction due to wasted human capital investments; and entrepreneurs get an income premium from diverse skill sets that are not valuable to specialized workers.
A switch to price-indexing from wage-indexing would accomplish two things.
Robson said "obviously we're very keen to use Reading's UK staff to begin with but we will want to switch to local staff on lower wages when possible".
We may need a war-like effort to switch to renewables, but comparing the climate crisis to waging war doesn't move us forward.
Who can say what it might take before the Manchester United attacker contemplates the drop in wages inherent in a switch to South America?
For both men and women, the wage growth PDFs for the switch down, switch to the same size, and switch up are left, middle, and right, respectively.
