that this labor market competition channel can explain about one quarter of the large increase in the average immigrant …-native wage gap in the United States between the 1960s and 1990s arrival cohorts. Once competition effects and compositional …

We analyze the following questions associated with outsourcing and profit sharing under imperfect labour markets. How … does strategic outsourcing influence wage formation, profit sharing and employee effort when firms commit to optimal profit … sharing before wage formation or decide for profit sharing after wage formation. What is the relationship between outsourcing …

We analyze the questions associated with flexible outsourcing both with committed and flexible profit sharing under … imperfect domestic labour markets. How does profit sharing influence flexible outsourcing? What is the relationship between … outsourcing cost, profit sharing and equilibrium unemployment, when profit sharing is also a part of the compensation schemes in …

We combine profit sharing and outsourcing, if the wage for worker is decided by a labor union to analyze how does the … implementation of profit sharing affect individual effort and the bargained wage and thus outsourcing? We find that profit sharing … wage effect of profit sharing is ambiguous. There is a wage decreasing substitution effect, but on the other hand, there is …

of the trade union. Intensified product market competition decreases profit sharing, but increases the negotiated base …We investigate the implications of product market imperfections on profit sharing, wage negotiation and equilibrium … unemployment. The optimal profit share, which the firms use as a wage-moderating commitment device, is below the bargaining power …

The emergence of competition is a defining aspect of human nature and characterizes many important social environments …