We investigate the effect of profit sharing on establishments' hirings, layoffs, and quits. Our principal argument is … that profit sharing increases wage flexibility and also aligns wages with a changing marginal revenue product. Because … might choose to adopt profit-sharing schemes. Our empirical analysis is based on the IAB Establishment Panel. We estimate …

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 …

Traditionally, it has been argued that profit sharing can increase employment and welfare because it lowers marginal … labour costs without reducing total cost or labour income. In this paper, we show that profit sharing can also represent a … Pareto-improvement if labour supply is excessive due to relative consumption effects. Mandatory profit sharing reduces wages …

Traditionally, it has been argued that profit sharing can increase employment and welfare because it lowers marginal … labour costs without reducing total cost or labour income. In this paper, we show that profit sharing can also represent a … Pareto-improvement if labour supply is excessive due to relative consumption effects. Mandatory profit sharing reduces wages …

Traditionally, it has been argued that profit sharing can increase employment and welfare because it lowers marginal … labour costs without reducing total cost or labour income. In this paper, we show that profit sharing can also represent a … Pareto-improvement if labour supply is excessive due to relative consumption effects. Mandatory profit sharing reduces wages …

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 …

agent with bargaining power. In the first stage the parties bargain over the base wage and the profit share. In the second … base wage increases in the degree of the competitiveness in the market for outside equity funding, the profit share is …

Profit sharing generates conflicting changes in the relationship between supervisors and workers. It may increase … boss, we initially show that workers under profit sharing tend to have lower satisfaction with their supervisor. Additional … pressure with increase effort: women, those with dependents and those with health limitations. Despite this finding, profit …

Standard economic theory and intuition suggests that the free rider problem will overwhelm firm-wide incentives in … that when employee inputs are complements, firm-wide incentives such as profit sharing and partnerships are quite valuable …

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 …