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Adoption and Termination of Employee Involvement Programs

Chi, Wei - 2010

This study uses a 10-year longitudinal database on U.S. manufacturing establishments to analyze the dynamics of the adoption and termination of employee involvement programs (EI). We show that firms' use of EI has not grown continuously, but rather introduce and terminate EI policies in ways...

Persistent link: https://www.econbiz.de/10012760407

Class Struggle Inside the Firm : A Study of German Codetermination

Gorton, Gary B. - 2010

German system of codetermination,' a governance system under which employees are allocated some control rights over corporate … assets by law. Codetermination laws require that employees be represented on the (supervisory) board of directors. If … codetermination sufficiently empowers employees, and if stockholders' rights cannot be contractually protected, then employees may …

Persistent link: https://www.econbiz.de/10012763280

Labor in the Boardroom

Jäger, Simon - 2019

We estimate the wage effects of shared governance, or codetermination, in the form of a mandate of one third of … analogous difference in unaffected firm types (LLCs). We find no effects of board-level codetermination on wages and the wage …

Persistent link: https://www.econbiz.de/10012858402

The Anatomy of Employee Involvement and its Effects on Firms and Workers

Freeman, Richard B.; Kleiner, Morris M.; Ostroff, Cheri - 2021

A great many American firms have organized workplace decision-making in new ways to get employees more involved in their jobs -- using policies like self-directed work teams, total equality management, quality circles, profit-sharing, and diverse other programs. This paper uses a firm-based data...

Persistent link: https://www.econbiz.de/10013221085

How to Compete : The Impact of Workplace Practices and Information Technology on Productivity

Black, Sandra E.; Lynch, Lisa M. - 2021

Using data from a unique nationally representative sample of businesses, the Educational Quality of the Workforce National Employers Survey (EQW-NES), matched with the Bureau of the Census' Longitudinal Research Database (LRD), we examine the impact of workplace practices, information technology...

Persistent link: https://www.econbiz.de/10013237935

Union Participation in Strategic Decisions of Corporations

Appelbaum, Eileen; Hunter, Larry W. - 2021

This paper reviews workforce participation in strategic decisions - those that affect the basic direction of the company - when workforce interests are represented collectively through unions. We consider the problem of corporate governance and review the rationale for what we term strategic...

Persistent link: https://www.econbiz.de/10013239945

The Recent Transformation of Participatory Employment Practices in Japan

Kato, Takao - 2022

Using both quantitative data from national surveys and qualitative data from our own field research, this paper provides evidence on changes in participatory employment practices in Japan during the economic slowdown in the 1990s. Overall, consistent with the complementarity of such practices...

Persistent link: https://www.econbiz.de/10013324597

What Do We Know About Macroeconomics that Fisher and Wicksell Did Not?

Blanchard, Olivier J. - 2010

The answer to the question in the title is: A lot. In this essay, I argue that the history of macroeconomics during the 20th century can be divided in three epochs: Pre 1940. A period of exploration, where macroeconomics was not macroeconomics yet, but monetary theory on one side, business cycle...

Persistent link: https://www.econbiz.de/10013136965

Anticipating the Great Depression? Gustav Cassel's Analysis of the Interwar Gold Standard

Irwin, Douglas A. - 2011

The intellectual response to the Great Depression is often portrayed as a battle between the ideas of Friedrich Hayek and John Maynard Keynes. Yet both the Austrian and the Keynesian interpretations of the Depression were incomplete. Austrians could explain how a country might get into a...

Persistent link: https://www.econbiz.de/10013118250

The Influence of Irving Fisher on Milton Friedman's Monetary Economics

Bordo, Michael D. - 2011

This paper examines the influence of Irving Fisher's writings on Milton Friedman's work in monetary economics. We focus first on Fisher's influences in monetary theory (the quantity theory of money, the Fisher effect, Gibson's Paradox, the monetary theory of business cycles, and the Phillips...

Persistent link: https://www.econbiz.de/10013121735