Profit Sharing, Labour Share and Financial Structure

Profit Sharing, Labour Share and Financial Structure
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利润分享、劳动份额和财务结构

DOI:
10.1007/s40844-017-0090-5
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发表时间:
2018
期刊:
Evolutionary and Institutional Economics Review (online first)
影响因子:
--
通讯作者:
H.Takami
H.Takami
中科院分区:
--
文献类型:
--
作者:
Ninomiya K.;H.Takami

文献摘要

相似文献

本文研究了利润分享规则对寡头垄断经济的影响。许多人认为,日本经济之所以强劲,是因为日本在20世纪80年代采用了利润分享规则(或日本的管理制度)。然而,在20世纪90年代泡沫经济破裂后,日本陷入了长期衰退。日本的管理体系及其受监管的金融体系因危机因素而受到批评。我们得到了企业及其联盟自愿采用利润分享规则的条件,并构建了一个金融不稳定的宏观动力学模型。我们在这项研究中证明,在日本经济的金融结构已经稳定的情况下,利润分享规则进一步稳定了经济。
In this paper, we study the effects of the Profit-Sharing rule on an oligopolistic economy. Many believed that the Japanese economy was strong because Japan adopted the Profit-Sharing rule (or the Japanese management system) in the 1980s. However, Japan was trapped in a prolonged recession after the collapse of the bubble economy in the 1990s. The Japanese management system and its regulated financial system have come under criticism as factors of the crisis. We derive a condition that a firm and its union adopt the Profit-Sharing rule voluntarily and construct a macrodynamic model of financial instability. We demonstrate in this study that the Profit-Sharing rule in Japan further stabilises the economy when the financial structure of the economy is already stable.