The Review of Economics and Statistics Vol. 73 No. 3 1991
The Incentive Effects of Dismissals, Efficiency Wages, Piece-Rates and Profit-Sharing
Abstract
The relation of several incentive schemes to productivity is studied, with a particular emphasis on the effects and determinants of dismissals. Dismissals turn out to be positively, but in a nonlinear way, associated with productivity. Similarly, profit-sharing raises productivity. Wages and piece-rates are insignificant. Profit-sharing decreases the number of dismissals made by firms.
- DOI
- 10.2307/2109569
- Volume
- 73
- Issue
- 3
- Pages
- 451
- Sources
- crossref openalex