Empirical work in labor economics has focused on rent sharing as an explanation for the observed correlation between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested. Using a unique panel data set for four African countries, Authors find strong evidence of risk sharing. Workers in effect offer insurance to employers: when firms are hit by temporary shocks, the effect on profits...
انظر المزيد
تفاصيل
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2003/9/01
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مقال بمجلة علمية
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77416
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1
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1
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2013/5/22
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Disclosed
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Risk sharing in labor markets
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risk sharing
تنزيل الملفات
تقرير كامل
نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)
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