Property Rights and Effort Supply
Resumen:
Direct evidence on how effort provision varies across different ownership structures remains scant. We investigate the absence behaviour of individuals employed in worker cooperatives, that is, in firms owned and ultimately controlled by their workforce. Leveraging employment data matched with certified sick leave records and exogenous variation in the generosity of the Uruguayan paid sick leave regime, we show that absenteeism differentially increased for individuals affected by the reform and employed in cooperatives. The effect is driven by members, both short-term and long-term absences, hard-to-diagnose (and, hence, more prone to moral hazard reporting problems) musculoskeletal conditions, and large cooperatives.
La evidencia directa sobre cómo varía la provisión de esfuerzo entre diferentes estructuras de propiedad sigue siendo escasa. En este artículo investigamos el comportamiento vinculado a las ausencias por enfermedad de las personas empleadas en cooperativas de trabajadores, es decir, en empresas que son propiedad y, en última instancia, controladas por su fuerza laboral. Utilizando datos de empleo combinados con los registros certificados de licencia por enfermedad y la variación exógena en la generosidad del régimen de licencia por enfermedad remunerada de Uruguay, mostramos que el ausentismo aumentó diferencialmente para las personas afectadas por la reforma y empleadas en cooperativas. El efecto es impulsado por miembros, ausencias tanto a corto como a largo plazo, condiciones musculoesqueléticas difíciles de diagnosticar (y, por lo tanto, más propensas a problemas de informes de riesgo moral) y cooperativas grandes.
2023 | |
Equipos Riesgo moral Ausentismo Esfuerzo Cooperativas Baja por enfermedad Derechos de propiedad Property rights Moral hazard Effort Absenteeism Sick pay Teams Cooperatives POLITICAS PUBLICAS MERCADO DE TRABAJO COOPERATIVAS DE PRODUCTORES |
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Inglés | |
Universidad de la República | |
COLIBRI | |
https://hdl.handle.net/20.500.12008/36733 | |
Acceso abierto | |
Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0) |
Sumario: | Direct evidence on how effort provision varies across different ownership structures remains scant. We investigate the absence behaviour of individuals employed in worker cooperatives, that is, in firms owned and ultimately controlled by their workforce. Leveraging employment data matched with certified sick leave records and exogenous variation in the generosity of the Uruguayan paid sick leave regime, we show that absenteeism differentially increased for individuals affected by the reform and employed in cooperatives. The effect is driven by members, both short-term and long-term absences, hard-to-diagnose (and, hence, more prone to moral hazard reporting problems) musculoskeletal conditions, and large cooperatives. |
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