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dc.contributor.authorMicallef, Brian-
dc.identifier.citationMicallef, B. (2016). The adjustment of Maltese firms to the post-crisis economic environment : evidence from a firm-level survey. International Business Research, 9(9), 122-133.en_GB
dc.description.abstractIn contrast to the experience of southern and peripheral economies in the euro area, Malta has weathered the financial crisis relatively well and its labour market remained resilient in the face of shocks. Using information from a firm-level survey conducted in 2014, this paper focuses on the nature of the shocks hitting the economy after the crisis and the reaction of Maltese firms to these shocks. Concerning the latter, a distinction is made between the firms’ decisions to adjust their workforce and on the wages given to new hires compared to incumbents. The empirical analysis is conducted with a multivariate probit framework that controls for both firm and workforce specific characteristics as well as the nature of the shocks faced by the firms. The results highlight the high degree of heterogeneity in demand conditions across sectors although concerns about skill shortages were broad-based.en_GB
dc.publisherCanadian Center of Science and Educationen_GB
dc.subjectLabor market -- Maltaen_GB
dc.subjectGlobal Financial Crises, 2008-2009en_GB
dc.subjectBusiness enterprises -- Malta -- Surveysen_GB
dc.titleThe adjustment of Maltese firms to the post-crisis economic environment : evidence from a firm-level surveyen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.publication.titleInternational Business Researchen_GB
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