Profit Sharing, Unions and Investments
The pay parameters in a profit-sharing system are likely to be determined by collective bargaining between unions and employers. In this case, employment will not necessarily be higher under profit sharing than under a fixed wage system. For a fixed capital stock, the most likely case is that profit sharing is better for unions and worse for employers than a fixed wage system. With endogenous investments, both parties may be worse off under profit sharing than under a fixed wage system. This might be one of the reasons why the authors in fact do not observe much profit sharing under collective bargaining. Copyright 1988 by The editors of the Scandinavian Journal of Economics.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
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.
Volume (Year): 90 (1988)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9442|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0347-0520|
When requesting a correction, please mention this item's handle: RePEc:bla:scandj:v:90:y:1988:i:4:p:493-505. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.