Capitalism and Kinship: Do Institutions Matter in the Labor Market?
研究新英格兰渔业中资本主义和亲属关系船只的就业与薪酬决定，发现制度规则差异导致收入、就业和增长模式不同，对政策设计有启示。
This study examines the determination of employment and pay on capitalist and kinship vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income-sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth.