Noncompete agreements, training, and wage competition

IF 1.2 4区 管理学 Q3 ECONOMICS Journal of Economics & Management Strategy Pub Date : 2022-12-22 DOI:10.1111/jems.12510
Oz Shy, Rune Stenbacka
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Abstract

We study the effects of noncompete agreements in an environment where firms invest in training junior workers. After obtaining employer-provided training, trained workers can choose whether to remain loyal to their initial employer or switch to the competing employer. We evaluate the effects of noncompete agreements on wages, employment, investment in training, production, profits, and total welfare. Firms earn higher profits and pay lower average wage when they require workers to sign noncompete agreements.

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竞业禁止协议、培训和工资竞争
我们研究了在企业投资培训初级工人的环境中,非竞争协议的影响。在获得雇主提供的培训后,受过培训的工人可以选择是忠于最初的雇主,还是转投竞争对手的雇主。我们评估了非竞争协议对工资、就业、培训投资、生产、利润和总福利的影响。当公司要求员工签署竞业禁止协议时,他们的利润更高,平均工资更低。
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CiteScore
3.20
自引率
5.30%
发文量
43
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