Explicit versus Implicit Profit Sharing and the Determination of Wages: Microeconomic Evidence from the U.K.
This paper considers the claim that explicit profit sharing reduces the marginal cost of labour This is contrasted with the view that implicit profit sharing occurs through wage bargaining Using a microeconomic data set from the UK we find no evidence that the introduction of profit sharing reduces...
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Формат: | Journal article |
Опубликовано: |
1995
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