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Profit-shares, bargaining, and unemployment.

Authors :
Georges, Christophre
Source :
Economic Inquiry. Apr98, Vol. 36 Issue 2, p286. 6p.
Publication Year :
1998

Abstract

Examines the effect of profit sharing on unemployment in a simple model with an employment externality, overhead costs, and free entry. Reduction of equilibrium unemployment by mandated profit sharing in certain situations; Effect of lowering employment and compensation in general equilibrium.

Subjects

Subjects :
*PROFIT-sharing
*UNEMPLOYMENT

Details

Language :
English
ISSN :
00952583
Volume :
36
Issue :
2
Database :
Academic Search Index
Journal :
Economic Inquiry
Publication Type :
Academic Journal
Accession number :
573487
Full Text :
https://doi.org/10.1111/j.1465-7295.1998.tb01714.x