Arbeitspapier
Profit sharing, wage formation and flexible outsourcing under labor market imperfection
We combine profit sharing and outsourcing, if the wage for worker is decided by a labor union to analyze how does the implementation of profit sharing affect individual effort and the bargained wage and thus outsourcing? We find that profit sharing and the wage level have an individual effort-augmenting effect and therefore increase productivity. We also find that the wage effect of profit sharing is ambiguous. There is a wage decreasing substitution effect, but on the other hand, there is a wage increasing effect via labor demand elasticity so that outsourcing and employment effects are also ambiguous.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4707
- Klassifikation
-
Wirtschaft
Macroeconomics: Production
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Demand
Compensation Packages; Payment Methods
Labor Standards: Labor Force Composition
- Thema
-
Flexible outsourcing
profit sharing
employee effort
labor market imperfection
Outsourcing
Erfolgsbeteiligung
Dualer Arbeitsmarkt
Lohnstruktur
Leistungsanreiz
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Koskela, Erkki
König, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Koskela, Erkki
- König, Jan
- Institute for the Study of Labor (IZA)
Entstanden
- 2010
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