G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2755
DP2755 Optimal Monetary Policy in a Currency Area
PIerpaolo Benigno
发表日期2001-04-24
出版年2001
语种英语
摘要We develop a theoretical framework for comparing the style of work in public and private enterprises. We incorporate ?socializing?, as an activity that yields utility for workers and affects a firm?s output, into a simple multitask model of work organization. In contrast with previous models, we establish the two following results. First, the optimal workers? compensation policy displays a larger incentive intensity in the private firm than in the public firm. Second, labour productivity in the private firm may be higher or lower than in the public firm. Both results fit well with the findings of empirical work.
主题Public Economics
关键词Public enterprise Privatization Incentive schemes
URLhttps://cepr.org/publications/dp2755
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531817
推荐引用方式
GB/T 7714
PIerpaolo Benigno. DP2755 Optimal Monetary Policy in a Currency Area. 2001.
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