PROFIT-SHARING, EMPLOYMENT EFFICIENCY AND WAGE STABILITY

被引：2

作者：

GOTTFRIES, N ^{[1
]}

SJOSTROM, T ^{[1
]}

机构：

[1] HARVARD UNIV,CAMBRIDGE,MA 02138

来源：

SCANDINAVIAN JOURNAL OF ECONOMICS | 1995年 / 97卷 / 02期

关键词：

D O I：

10.2307/3440529

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A contract between a risk-neutral firm and its risk-average workers is considered under uncertainty about product demand. We show that profit sharing can be used to attain the efficient level of employment and, at the same time, preserve optimal risk sharing between the parties. Optimal profit sharing does not imply wage variability; instead, wages are stabilized across states.

引用

页码：281 / 294

页数：14

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