Competition, work rules and productivity

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2015
Volume: 52
Issue: C
Pages: 136-149

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:dyncon:v:52:y:2015:i:c:p:136-149
Journal Field
Macro
Author Count
1
Added to Database
2026-01-24