Profit sharing and employment stability
AbstractThis paper tests the hypothesis that workers whose compensation packages contain a profit-sharing component are less susceptible to layoff in the face of negative shocks to product demand than are workers paid a fixed, time-based wage. The theory is tested on two data sets, one a household survey and the other a survey of small businesses conducted by the authors. The characteristics of profit sharing among small businesses by and large meet the theoretical requirements for stabilizing employment, and the authors do find evidence in both samples to support the hypothesis; the evidence, however, is of borderline statistical significance and is therefore more suggestive than definitive. (Abstract courtesy JSTOR.)
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 43 (1990)
Issue (Month): 3 (February)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Derek C. Jones & Takao Kato & Jeffrey Pliskin, 1999.
"Profit Sharing and Gainsharing: A Review of Theory, Incidence, and Effects,"
- Derek C. Jones & Takao Kato & Jeffrey Pliskin, 1994. "Profit Sharing and Gainsharing: A Review of Theory, Incidence, and Effects," Economics Working Paper Archive wp_125, Levy Economics Institute.
- C Green & J S Heywood, 2007. "Does profit sharing increase training by reducing turnover?," Working Papers 589032, Lancaster University Management School, Economics Department.
- Drago, Robert & Turnbull, Geoffrey K., 1996. "On the incidence of profit sharing," Journal of Economic Behavior & Organization, Elsevier, vol. 31(1), pages 129-138, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ILR Review).
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.