Most applications of Nash bargaining over wages ignore between-employer competition for labor services and attribute all of the workers' rent to their bargaining power. In this paper, we write and estimate an equilibrium model with strategic wage bargaining and on-the-job search and use it to...

Les auteurs formalisent un modèle d'équilibre à deux composants : les négociations salariales et la recherche d'emploi afin d'apporter un éclairage nouveau sur la détermination des salaires en France. Trois déterminants essentiels sont pris en compte : productivité, compétition entre...

[eng] The Motivating Effects of Profit-Sharing: Productivity rather than Employment . When production conditions make tasks interdependent, profit-sharing can become an effective way of remunerating to improve a firm's productivity. . Its impact on employment is not necessarily positive:...

[eng] Profit-Sharing in France: Reducing Labour Costs or Encouraging an Extra Effort? . Profit-sharing involves linking individual remuneration to company performance. For a long time, economists only considered it as a way to improve work productivity. However, in 1984, Martin Weitzman...