Did American Welfare Capitalists Breach Their Implicit Contracts during the Great Depression? Preliminary Findings from Company-Level Data
Author
Abstract
Suggested Citation
DOI: 10.1177/001979390505900104
Download full text from publisher
References listed on IDEAS
- Andrei Shleifer & Lawrence H. Summers, 1988.
"Breach of Trust in Hostile Takeovers,"
NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 33-68,
National Bureau of Economic Research, Inc.
- Andrei Shleifer & Lawrence H. Summers, 1987. "Breach of Trust in Hostile Takeovers," NBER Working Papers 2342, National Bureau of Economic Research, Inc.
- Moriguchi, Chiaki, 2003.
"Implicit Contracts, the Great Depression, and Institutional Change: A Comparative Analysis of U.S. and Japanese Employment Relations, 1920–1940,"
The Journal of Economic History, Cambridge University Press, vol. 63(3), pages 625-665, September.
- Chiaki Moriguchi, 2003. "Implicit Contracts, the Great Depression, and Institutional Change: A Comparative Analysis of U.S. and Japanese Employment Relations, 1920-1940," NBER Working Papers 9559, National Bureau of Economic Research, Inc.
- Jones, Derek C & Kato, Takao, 1995. "The Productivity Effects of Employee Stock-Ownership Plans and Bonuses: Evidence from Japanese Panel Data," American Economic Review, American Economic Association, vol. 85(3), pages 391-414, June.
- Alan J. Auerbach, 1988. "Corporate Takeovers: Causes and Consequences," NBER Books, National Bureau of Economic Research, Inc, number auer88-1, February.
- Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-548, June.
- Idson, Todd L & Valletta, Robert G, 1996. "Seniority, Sectoral Decline, and Employee Retention: An Analysis of Layoff Unemployment Spells," Journal of Labor Economics, University of Chicago Press, vol. 14(4), pages 654-676, October.
- Ichniowski, Casey & Shaw, Kathryn & Prennushi, Giovanna, 1997. "The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines," American Economic Review, American Economic Association, vol. 87(3), pages 291-313, June.
- Michael D. Bordo & Claudia Goldin & Eugene N. White, 1998. "The Defining Moment: The Great Depression and the American Economy in the Twentieth Century," NBER Books, National Bureau of Economic Research, Inc, number bord98-1, February.
- Roberts, John & Van den Steen, Eric, 2000. "Shareholder Interests, Human Capital Investment and Corporate Governance," Research Papers 1631, Stanford University, Graduate School of Business.
- Owen, Laura J., 1995. "Worker Turnover in the 1920s: What Labor-Supply Arguments Don't Tell Us," The Journal of Economic History, Cambridge University Press, vol. 55(4), pages 822-841, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Victor Hiller, 2010.
"Workers' Behavior And Labor Contract: An Evolutionary Approach,"
Metroeconomica, Wiley Blackwell, vol. 61(1), pages 152-179, February.
- Victor Hiller, 2008. "Workers behavior and labor contract : an evolutionary approach," Post-Print halshs-00275734, HAL.
- Victor Hiller, 2010. "Workers' Behavior And Labor Contract: An Evolutionary Approach," Post-Print hal-03843806, HAL.
- Victor Hiller, 2008. "Workers behavior and labor contract: an evolutionary approach," Documents de travail du Centre d'Economie de la Sorbonne v08028, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Victor Hiller, 2008. "Workers behavior and labor contract : an evolutionary approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00275734, HAL.
- Bruce E. Kaufman, 2014. "The origins, evolution, and current status of human resource management in the United States," Chapters, in: Bruce E. Kaufman (ed.), The Development of Human Resource Management Across Nations, chapter 18, pages 461-492, Edward Elgar Publishing.
- Joshua L. Rosenbloom & William A. Sundstrom, 2009. "Labor-Market Regimes in U.S. Economic History," NBER Working Papers 15055, National Bureau of Economic Research, Inc.
- A. Tarik Timur & Daphne Taras & Allen Ponak, 2012. "‘Shopping for Voice’: Do Pre-Existing Non-Union Representation Plans Matter When Employees Unionize?," British Journal of Industrial Relations, London School of Economics, vol. 50(2), pages 214-238, June.
- Tom Nicholas, 2023. "Status and mortality: Is there a Whitehall effect in the United States?," Economic History Review, Economic History Society, vol. 76(4), pages 1191-1230, November.
- Bruce E. Kaufman, 2012. "Wage Theory, New Deal Labor Policy, and the Great Depression: Were Government and Unions to Blame?," ILR Review, Cornell University, ILR School, vol. 65(3), pages 501-532, July.
- Bruce E. Kaufman (ed.), 2014. "The Development of Human Resource Management Across Nations," Books, Edward Elgar Publishing, number 14408, March.
- Shingo Ishiguro, 2016. "Macroeconomic Dynamics with Limited Commitment in Financial and Labor Contracts," Discussion Papers in Economics and Business 16-25, Osaka University, Graduate School of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chiaki Moriguchi, 2003. "Did American Welfare Capitalists Breach their Implicit Contracts? Preliminary Findings from Company-level Data, 1920-1940," NBER Working Papers 9868, National Bureau of Economic Research, Inc.
- A.L. Bovenberg & Coen N. Teulings, 2001. "Insurance and Information: Firms as a Commitment Device," Tinbergen Institute Discussion Papers 01-020/3, Tinbergen Institute.
- Bovenberg, A.L. & Teulings, C.N., 2002. "Insurance and Information : Firms as a Commitment Device," Other publications TiSEM fb5c7b17-cf60-4bf5-b5ef-8, Tilburg University, School of Economics and Management.
- Teulings, Coen & Bovenberg, Lans, 2002.
"Insurance and Information: Firms as a Commitment Device,"
CEPR Discussion Papers
3441, C.E.P.R. Discussion Papers.
- Bovenberg, A.L. & Teulings, C.N., 2002. "Insurance and Information : Firms as a Commitment Device," Discussion Paper 2002-36, Tilburg University, Center for Economic Research.
- Haynes, Michelle & Thompson, Steve, 1999. "The productivity effects of bank mergers: Evidence from the UK building societies," Journal of Banking & Finance, Elsevier, vol. 23(5), pages 825-846, May.
- Molinder, Jakob & Karlsson, Tobias & Enflo, Kerstin, 2022.
"Social democracy and the decline of strikes,"
Explorations in Economic History, Elsevier, vol. 83(C).
- Molinder, Jakob & Karlsson, Tobias & Enflo, Kerstin, 2021. "Social Democracy and the Decline of Strikes," Lund Papers in Economic History 222, Lund University, Department of Economic History.
- Heinrich, Ralph P., 1999. "Complementarities in Corporate Governance - A Survey of the Literature with Special Emphasis on Japan," Kiel Working Papers 947, Kiel Institute for the World Economy (IfW Kiel).
- Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2015.
"Skilled Immigration and the Employment Structures of US Firms,"
Journal of Labor Economics, University of Chicago Press, vol. 33(S1), pages 147-186.
- Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2012. "Skilled Immigration and the Employment Structures of U.S. Firms," NBER Chapters, in: US High-Skilled Immigration in the Global Economy, pages 147-186, National Bureau of Economic Research, Inc.
- Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2013. "Skilled Immigration and the Employment Structures of U.S. Firms," NBER Working Papers 19658, National Bureau of Economic Research, Inc.
- Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2013. "Skilled Immigration and the Employment Structures of U.S. Firms," Harvard Business School Working Papers 14-040, Harvard Business School.
- Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2014. "Skilled Immigration and the Employment Structures of U.S. Firms," William Davidson Institute Working Papers Series wp1071, William Davidson Institute at the University of Michigan.
- Ansgar Richter & Susanne Schrader, 2017. "Levels of Employee Share Ownership and the Performance of Listed Companies in Europe," British Journal of Industrial Relations, London School of Economics, vol. 55(2), pages 396-420, June.
- Barberis, Nicholas & Maxim Boycko & Andrei Shleifer & Natalia Tsukanova, 1996.
"How Does Privatization Work? Evidence from the Russian Shops,"
Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 764-790, August.
- Nicolas Barberis & Maxin Boycho & Andrei Shleifer & Natalia Tsukanova, 1995. "How Does Privatization Work? Evidence from the Russian Shops," Harvard Institute of Economic Research Working Papers 1721, Harvard - Institute of Economic Research.
- Barberis, Nicholas & Boycko, Maxim & Shleifer, Andrei & Tsukanova, Natalia, 1996. "How Does Privatization Work? Evidence from the Russian Shops," Scholarly Articles 3451306, Harvard University Department of Economics.
- Nicholas Barberis & Maxim Boycko & Andrei Shleifer & Natalia Tsukanova, 1995. "How Does Privatization Work? Evidence from the Russian Shops," NBER Working Papers 5136, National Bureau of Economic Research, Inc.
- J. Adam Cobb, 2019. "Managing the Conflicting Interests of Workers and Shareholders: Evidence from Pension-Assumption Manipulations," ILR Review, Cornell University, ILR School, vol. 72(3), pages 523-551, May.
- Tim Baldenius & Xiaojing Meng & Lin Qiu, 2021. "The value of board commitment," Review of Accounting Studies, Springer, vol. 26(4), pages 1587-1622, December.
- Bohdan Kukharskyy & Michael Pflüger, 2011. "Relational Contracts and the Economic Well-Being of Nations," Working Papers 095, Bavarian Graduate Program in Economics (BGPE).
- Teresa Chu & In-Mu Haw & Simon S. M. Ho & Xu Zhang, 2020. "Labor protection, ownership concentration, and cost of equity capital: international evidence," Review of Quantitative Finance and Accounting, Springer, vol. 54(4), pages 1351-1387, May.
- Marianna Belloc & Samuel Bowles, 2009.
"International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity,"
Working Papers in Public Economics
126, Department of Economics and Law, Sapienza University of Roma.
- Marianna Belloc & Samuel Bowles, 2009. "International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity," UMASS Amherst Economics Working Papers 2009-08, University of Massachusetts Amherst, Department of Economics.
- Marianna Belloc & Samuel Bowles, 2010. "International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity," Levine's Working Paper Archive 661465000000000051, David K. Levine.
- Marianna Belloc & Samuel Bowles, 2009. "International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity," CESifo Working Paper Series 2762, CESifo.
- Derek C. Jones & Takao Kato, 2011.
"The Impact of Teams on Output, Quality, and Downtime: An Empirical Analysis Using Individual Panel Data,"
ILR Review, Cornell University, ILR School, vol. 64(2), pages 215-240, January.
- Jones, Derek & Kato, Takao, 2007. "The Impact of Teams on Output, Quality and Downtime: An Empirical Analysis Using Individual Panel Data," Working Papers 104-24, Department of Economics, Colgate University.
- Jones, Derek C. & Kato, Takao, 2007. "The Impact of Teams on Output, Quality and Downtime: An Empirical Analysis Using Individual Panel Data," IZA Discussion Papers 2917, Institute of Labor Economics (IZA).
- Audra J. Bowlus & Zvi Eckstein, 2002.
"Discrimination and Skill Differences in an Equilibrium Search Model,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(4), pages 1309-1345, November.
- Audra J. Bowlus & Zvi Eckstein, 1998. "Discrimination and Skill Differences in an Equilibrium Search Model," Tinbergen Institute Discussion Papers 98-112/3, Tinbergen Institute.
- Bowlus, Audra J & Eckstein, Zvi, 1998. "Discrimination and Skill Differences in an Equilibrium Search Model," CEPR Discussion Papers 1859, C.E.P.R. Discussion Papers.
- Audra J. Bowlus & Zvi Eckstein, 1998. "Discrimination and Skill Differences in an Equilibrium Search Model," University of Western Ontario, Departmental Research Report Series 9804, University of Western Ontario, Department of Economics.
- Bowlus, A.J. & Eckstein, Z., 1998. "Discrimination and Skill Differences in an Equilibrium Search Model," Papers 04-98, Tel Aviv.
- Kubo, Katsuyuki & Saito, Takuji, 2012. "The effect of mergers on employment and wages: Evidence from Japan," Journal of the Japanese and International Economies, Elsevier, vol. 26(2), pages 263-284.
- Randall Morck & Masao Nakamura & Murray Frank, 2001.
"Japanese Corporate Governance and Macroeconomic Problems,"
Palgrave Macmillan Books, in: Masao Nakamura (ed.), The Japanese Business and Economic System, chapter 12, pages 325-363,
Palgrave Macmillan.
- Randall Morck & Masao Nakamura, 2000. "Japanese Corporate Governance and Macroeconomic Problems," Harvard Institute of Economic Research Working Papers 1893, Harvard - Institute of Economic Research.
- Arouri, Mohamed & Gomes, Mathieu & Pukthuanthong, Kuntara, 2019.
"Corporate social responsibility and M&A uncertainty,"
Journal of Corporate Finance, Elsevier, vol. 56(C), pages 176-198.
- Mohamed Arouri & Mathieu Gomes & Kuntara Pukthuanthong, 2019. "Corporate social responsibility and M&A uncertainty," Post-Print hal-02056009, HAL.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ilrrev:v:59:y:2005:i:1:p:51-81. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ilr.cornell.edu .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.