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Profit-shares, bargaining, and unemployment.
- 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 :
- *PROFIT-sharing
*UNEMPLOYMENT
Subjects
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