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This paper summarizes new evidence from the "Shared Capitalism" Project on the extent to which workers' earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior. The evidence shows...
Persistent link: https://www.econbiz.de/10005151082
efficiency wage theory, that in a profit-sharing economy unemployment is no longer a necessary device to induce work effort and …
Persistent link: https://www.econbiz.de/10005684765
sharing reduces equilibrium unemployment under circumstances with sufficiently ‘rigid’ labour market institutions, ie …
Persistent link: https://www.econbiz.de/10005649009
This paper summarizes new evidence from the “Shared Capitalism” Project on the extent to which workers’ earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior. The evidence...
Persistent link: https://www.econbiz.de/10011071296
sharing reduces equilibrium unemployment under circumstances with sufficiently ‘rigid’ labour market institutions, ie …
Persistent link: https://www.econbiz.de/10005556797
Instrumental efficiency wage models predict an inverse relationship between wages and supervision with this relationship becoming more pronounced amongst firms that participate in some form of employee sharing. To be sure, our theoretical exposition predicts that an increase in total...
Persistent link: https://www.econbiz.de/10005230634
reduces equilibrium unemployment under circumstances with sufficiently ‘rigid’ labour market institutions, i.e. sufficiently …
Persistent link: https://www.econbiz.de/10005761941
Contains proposals for combating European unemployment by a citizenship income guarantee coupled with community …
Persistent link: https://www.econbiz.de/10010966558
Contains proposals for combating European unemployment by means of a citizenship income guarantee coupled with …
Persistent link: https://www.econbiz.de/10010966969
reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …
Persistent link: https://www.econbiz.de/10010886968