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Aerts, Kris; Kraft, Kornelius; Lang, Julia - 2013

We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment of the companies to let the employees participate in any efficiency gain. Resistance against technical progress becomes less plausible. Moreover, employees are stimulated to...

Persistent link: https://www.econbiz.de/10010331096

The Causes and Consequences of Adopting a Works Council

Kraft, Kornelius; Lang, Julia - In: Jahrbücher für Nationalökonomie und Statistik 228 (2008) 5-6, pp. 512-532

Summary This paper reports on the results of a study on the determinants of the introduction of a works council and its consequences. We consider the effects of expectations concerning the economic conditions of a firm on the probability of adopting a works council. This is done, on the one...

Persistent link: https://www.econbiz.de/10014609208

Profit Sharing and Training

Kraft, Kornelius; Lang, Julia - In: Oxford Bulletin of Economics and Statistics 75 (2013) 6, pp. 940-961

Persistent link: https://www.econbiz.de/10010728236

Profit-sharing and innovation

Aerts, Kris; Kraft, Kornelius; Lang, Julia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Persistent link: https://www.econbiz.de/10010957731

Profit Sharing and Training

Kraft, Kornelius; Lang, Julia - Institute for the Study of Labor (IZA) - 2011

We analyze the impact of profit sharing on the share of workers receiving training. An effect is plausible because: 1) profit sharing is a credible commitment by firms to reward firm-specific skills acquired by formal or informal training, 2) profit sharing may reduce turnover and increase the...

Persistent link: https://www.econbiz.de/10009371879

The Causes and Consequences of Adopting a Works Council

Kraft, Kornelius; Lang, Julia - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 5+6, pp. 512-532

This paper reports on the results of a study on the determinants of the introduction of a works council and its consequences.We consider the effects of expectations concerning the economic conditions of a firm on the probability of adopting a works council. This is done, on the one hand, by use...

Persistent link: https://www.econbiz.de/10008596516