Explicit versus Implicit Profit Sharing and the Determination of Wages: Microeconomic Evidence from the UK.

Explicit versus Implicit Profit Sharing and the Determination of Wages: Microeconomic Evidence from the UK.

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This paper considers the claim that explicit profit sharing reduces the marginal cost of labor. This is contrasted with the view that implicit profit sharing occurs through wage bargaining. Using a macroeconomic data set from the UK we find no evidence that the introduction of profit sharing reduces...

Bibliografski detalji
Glavni autori:	Bhargava, S, Jenkinson, T
Format:	Journal article
Jezik:	English
Izdano:	1995

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