首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Competition,work rules and productivity
Institution:1. Office of the Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219, United States;2. Department of Economics, Ohio State University, 1945 N. High St, Columbus, OH 43210, United States;3. Department of Liberal Arts and Sciences, Fei Tian College, 1 Ashley Ave., Middletown, NY 10940, United States
Abstract:I develop a theory to explain why workers want restrictive work rules, those that induce wages to be paid for non-productive labor hours, and why competition reduces them. Work rules allow workers to maintain both high levels of employment and wages. They generate a fixed payment that transfers the firm?s surplus to workers, which wages alone cannot do, making them robust to alternative modeling assumptions. Competition loosens work rules by reducing the firm?s surplus, which increases productivity.
Keywords:Competition  Productivity  Restrictive work rules  Labor unions  J51  L11  O14
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号