Arbeitspapier

Workplace Democracy and Job Flows

This paper investigates the relationship between workplace democracy and job flows (net job creations, gross job creations and destructions) by comparing the behavior of worker-managed firms (WMFs) and conventional firms. The empirical analysis relies on high frequency administrative firm-level panel data from Uruguay over the period April 1996-July 2009. The main findings of the paper are that (1) WMFs exhibit much more stable job dynamics than CFs; (2) both types of firms have decreasing in age and increasing in size gross job creation profiles; (3) there are heterogeneous employment regimes within WMFs: high job creation and destruction rates of hired workers and low job creation and destruction of members. This paper contributes to the literature on the role of institutions in shaping job flows. Our results may have important implications for the understanding of the allocative efficiency effects of worker participation.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 8539

Classification
Wirtschaft
Firm Behavior: Theory
Producer Cooperatives; Labor Managed Firms; Employee Ownership
Labor Turnover; Vacancies; Layoffs
Subject
job flows
worker-managed firms

Event
Geistige Schöpfung
(who)
Alves, Guillermo
Burdín, Gabriel
Dean, Andres
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Alves, Guillermo
  • Burdín, Gabriel
  • Dean, Andres
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2014

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