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dc.contributor.authorPehkonen, Jaakko
dc.contributor.authorPehkonen, Sampo
dc.contributor.authorStrifler, Matthias
dc.contributor.authorMaliranta, Mika
dc.date.accessioned2017-05-08T08:50:52Z
dc.date.available2019-02-24T22:35:36Z
dc.date.issued2017
dc.identifier.citationPehkonen, J., Pehkonen, S., Strifler, M., & Maliranta, M. (2017). Profit Sharing the Firm-Size Wage Premium. <i>Labour</i>, <i>31</i>(2), 153-173. <a href="https://doi.org/10.1111/labr.12092" target="_blank">https://doi.org/10.1111/labr.12092</a>
dc.identifier.otherCONVID_26570513
dc.identifier.otherTUTKAID_73104
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/53823
dc.description.abstractThis study analyzes the relationships among wages, firm size, and profit sharing schemes. We develop a simple theoretical model and explore the relationship empirically using high-quality panel data. The theoretical model shows that the firm-size wage premium decreases in the presence of profit sharing. The empirical results based on rich matched employee-employer data for private sector wage earners in Finland show that the firm-size wage premium is modest, and it becomes negligible when we account for profit sharing and covariates describing assortative matching and monopsony behavior. The analysis suggests that profit sharing schemes embody effects of firm-specific unobservables that raise productivity, support rent sharing, and boost wages.
dc.language.isoeng
dc.publisherWiley
dc.relation.ispartofseriesLabour
dc.subject.otherprofit sharing
dc.subject.otherfirm-size
dc.titleProfit Sharing the Firm-Size Wage Premium
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201705052208
dc.contributor.laitosKauppakorkeakoulufi
dc.contributor.laitosSchool of Business and Economicsen
dc.contributor.oppiaineBasic or discovery scholarshipfi
dc.contributor.oppiaineTaloustiedefi
dc.contributor.oppiaineBasic or discovery scholarshipen
dc.contributor.oppiaineEconomicsen
dc.type.urihttp://purl.org/eprint/type/JournalArticle
dc.date.updated2017-05-05T12:15:03Z
dc.type.coarjournal article
dc.description.reviewstatuspeerReviewed
dc.format.pagerange153-173
dc.relation.issn1121-7081
dc.relation.numberinseries2
dc.relation.volume31
dc.type.versionacceptedVersion
dc.rights.copyright© 2017 CEIS, Fondazione Giacomo Brodolini and John Wiley & Sons Ltd. This is a final draft version of an article whose final and definitive form has been published by Wiley. Published in this repository with the kind permission of the publisher.
dc.rights.accesslevelopenAccessfi
dc.subject.ysovoitonjako
dc.subject.ysopalkat
dc.subject.ysoyritykset
dc.subject.ysokoko
jyx.subject.urihttp://www.yso.fi/onto/yso/p11369
jyx.subject.urihttp://www.yso.fi/onto/yso/p2008
jyx.subject.urihttp://www.yso.fi/onto/yso/p3128
jyx.subject.urihttp://www.yso.fi/onto/yso/p4902
dc.relation.doi10.1111/labr.12092


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