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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2755 |
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 |
URL | https://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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