The Incentive Effects of Dismissals, Efficiency Wages, Piece-Rates and Profit-Sharing
研究解雇、效率工资、计件工资和利润分享等激励方案与生产率的关系,发现解雇与生产率呈非线性正相关,利润分享提升生产率并减少解雇数量,而工资和计件工资影响不显著。
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. Copyright 1991 by MIT Press.