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Profit sharing as a worker discipline device

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  • Lin, Chung-cheng
  • Chang, Juin-jen
  • Lai, Ching-chong

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  • Lin, Chung-cheng & Chang, Juin-jen & Lai, Ching-chong, 2002. "Profit sharing as a worker discipline device," Economic Modelling, Elsevier, vol. 19(5), pages 815-828, November.
    • Handle: RePEc:eee:ecmode:v:19:y:2002:i:5:p:815-828
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    1. Pisauro, Giuseppe, 1991. "The effect of taxes on labour in efficiency wage models," Journal of Public Economics, Elsevier, vol. 46(3), pages 329-345, December.
    2. Jensen, Michael C & Meckling, William H, 1979. "Rights and Production Functions: An Application to Labor-managed Firms and Codetermination," The Journal of Business, University of Chicago Press, vol. 52(4), pages 469-506, October.
    3. Weitzman, Martin L, 1987. "Steady State Unemployment under Profit Sharing," Economic Journal, Royal Economic Society, vol. 97(385), pages 86-105, March.
    4. Yellen, Janet L, 1984. "Efficiency Wage Models of Unemployment," American Economic Review, American Economic Association, vol. 74(2), pages 200-205, May.
    5. Salop, Steven C, 1979. "A Model of the Natural Rate of Unemployment," American Economic Review, American Economic Association, vol. 69(1), pages 117-125, March.
    6. Meade, James E, 1972. "The Theory of Labour-Managed Firms and of Profit Sharing," Economic Journal, Royal Economic Society, vol. 82(325), pages 402-428, Supplemen.
    7. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(4), pages 543-569.
    8. Martin L. Weitzman, 1986. "Macroeconomic Implications of Profit Sharing," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 291-354, National Bureau of Economic Research, Inc.
    9. Wadhwani, Sushil & Wall, Martin, 1990. "The Effects of Profit-Sharing on Employment, Wages, Stock Returns and Productivity: Evidence from UK Micro-data," Economic Journal, Royal Economic Society, vol. 100(399), pages 1-17, March.
    10. Lawrence F. Katz, 1986. "Efficiency Wage Theories: A Partial Evaluation," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 235-290, National Bureau of Economic Research, Inc.
    11. Nordhaus, William, 1986. "Introduction to the share economy," Journal of Comparative Economics, Elsevier, vol. 10(4), pages 416-420, December.
    12. Tracy, Joseph, 1986. "Unions and the share economy," Journal of Comparative Economics, Elsevier, vol. 10(4), pages 433-437, December.
    13. Douglas L. Kruse, 1993. "Does Profit Sharing Affect Productivity?," NBER Working Papers 4542, National Bureau of Economic Research, Inc.
    14. Hajime Miyazaki, 1984. "Work Norms and Involuntary Unemployment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(2), pages 297-311.
    15. Koford, Kenneth J. & Miller, Jeffrey B., 1991. "The natural rate and adjustment to shocks in an efficiency-wage share economy," Journal of Macroeconomics, Elsevier, vol. 13(2), pages 299-316.
    16. Wadhwani, Sushil B, 1987. "Profit-Sharing and Meade's Discriminating Labour-Capital Partnerships: A Review Article," Oxford Economic Papers, Oxford University Press, vol. 39(3), pages 421-442, September.
    17. Weiss, Andrew W, 1980. "Job Queues and Layoffs in Labor Markets with Flexible Wages," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 526-538, June.
    18. Jackman, Richard, 1988. "Profit-sharing in a unionised economy with imperfect competition," International Journal of Industrial Organization, Elsevier, vol. 6(1), pages 47-57, March.
    19. Weitzman, Martin L, 1985. "The Simple Macroeconomics of Profit Sharing," American Economic Review, American Economic Association, vol. 75(5), pages 937-953, December.
    20. Levine, David I, 1989. "Just-Cause Employment Policies When Unemployment Is a Worker Discipline Device," American Economic Review, American Economic Association, vol. 79(4), pages 902-905, September.
    21. Weitzman, Martin L, 1983. "Some Macroeconomic Implications of Alternative Compensation Systems," Economic Journal, Royal Economic Society, vol. 93(372), pages 763-783, December.
    22. Cahuc, Pierre & Dormont, Brigitte, 1997. "Profit-sharing: Does it increase productivity and employment? A theoretical model and empirical evidence on French micro data," Labour Economics, Elsevier, vol. 4(3), pages 293-319, September.
    23. Pemberton, James, 1991. " Profit Sharing, Unions and Investment: An Extension," Scandinavian Journal of Economics, Wiley Blackwell, vol. 93(4), pages 577-584.
    24. Tyson, Laura DAndrea, 1979. "Incentives, income sharing, and institutional innovation in the yugoslav self-managed firm," Journal of Comparative Economics, Elsevier, vol. 3(3), pages 285-301, September.
    25. Douglas L. Kruse, 1993. "Profit Sharing: Does It Make a Difference?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number ps, August.
    26. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
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    Cited by:

    1. Matthias Göcke, 2011. "Efficiency Wages and Negotiated Profit-Sharing under Uncertainty," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 57(2), pages 91-105.
    2. Jan König & Erkki Koskela, 2013. "The Role of Profit Sharing in Dual Labour Markets with Flexible Outsourcing," LABOUR, CEIS, vol. 27(4), pages 351-370, December.
    3. Goerke, Laszlo, 2013. "Profit sharing and relative consumption," Economics Letters, Elsevier, vol. 118(1), pages 167-169.
    4. Hasan, Zubair, 2008. "Islamic banks:Profit sharing, equity, leverage lure, and credit control," MPRA Paper 30392, University Library of Munich, Germany, revised Oct 2008.
    5. Koskela, Erkki & König, Jan, 2010. "Profit Sharing, Wage Formation and Flexible Outsourcing under Labor Market Imperfection," IZA Discussion Papers 4707, Institute of Labor Economics (IZA).
    6. Erkki Koskela & Jan König, 2008. "Flexible Outsourcing, Profit Sharing and Equilibrium Unemployment," CESifo Working Paper Series 2382, CESifo.

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