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Macroeconomic Implications of Profit Sharing

In: NBER Macroeconomics Annual 1986, Volume 1

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  • Martin L. Weitzman

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  • 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.
    • Handle: RePEc:nbr:nberch:4249
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    References listed on IDEAS

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    1. Russell Cooper, 1985. "Sharing Some Thoughts on Weitzman's The Share Economy," NBER Working Papers 1734, National Bureau of Economic Research, Inc.
    2. Bils, Mark J, 1985. "Real Wages over the Business Cycle: Evidence from Panel Data," Journal of Political Economy, University of Chicago Press, vol. 93(4), pages 666-689, August.
    3. Azariadis, Costas, 1975. "Implicit Contracts and Underemployment Equilibria," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1183-1202, December.
    4. George A. Akerlof & Janet L. Yellen, 1985. "A Near-Rational Model of the Business Cycle, with Wage and Price Inertia," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(Supplemen), pages 823-838.
    5. Oliver Hart, 1982. "A Model of Imperfect Competition with Keynesian Features," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(1), pages 109-138.
    6. Martin Neil Baily, 1974. "Wages and Employment under Uncertain Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(1), pages 37-50.
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    Cited by:

    1. Ito, Takatoshi & Kang, Kyoungsik, 1989. "Bonuses, overtime, and employment: Korea vs Japan," Journal of the Japanese and International Economies, Elsevier, vol. 3(4), pages 424-450, December.
    2. 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.
    3. Laurence Ball & David Romer, 1989. "Are Prices Too Sticky?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(3), pages 507-524.
    4. Duca, John V. & VanHoose, David D., 1998. "Goods-market competition and profit sharing: a multisector macro approach," Journal of Economics and Business, Elsevier, vol. 50(6), pages 525-534, November.
    5. Chia-ying Liu & Juin-jen Chang, 2011. "Macroeconomic implications of a sharing compensation scheme in a model of endogenous growth," Journal of Economics, Springer, vol. 102(1), pages 57-75, January.
    6. Douglas L. Kruse & Joseph R. Blasi & Rhokeun Park, 2010. "Shared Capitalism in the U.S. Economy: Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises," NBER Chapters, in: Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options, pages 41-75, National Bureau of Economic Research, Inc.
    7. Pablo González, 2002. "Profit Sharing Reconsidered: Efficiency Wages and Renegotiation Costs," Documentos de Trabajo 151, Centro de Economía Aplicada, Universidad de Chile.
    8. Randall W. Eberts & Erica L. Groshen, 1992. "The causes and consequences of structural changes in U.S. labor markets: a review," Economic Review, Federal Reserve Bank of Cleveland, vol. 28(Q I), pages 18-26.
    9. Gary W. Florkowski, 1994. "Employment Growth and Stability under Profit-Sharing: A Longitudinal Study," British Journal of Industrial Relations, London School of Economics, vol. 32(3), pages 303-318, September.

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