NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

WORKER RESPONSES TO SHIRKING UNDER SHARED CAPITALISM

Richard Freeman, Douglas Kruse, Joseph Blasi

NBER Working Paper No. 14227
Issued in August 2008

---- Acknowledgements -----

Presented at the Russell Sage/NBER conference in New York City, October 2006, and at the M.I.T. Sloan School of Management, November 2007. The authors wish to thank Eric Maskin and Canice Prendergast for comments on the paper at the Russell Sage/NBER conference. The discussion and footnotes in response to possible objections represent our responses to his very helpful points. An earlier version was presented at the 2004 Association for Comparative Economic Studies conference, San Diego, CA, with valuable comments from Avner Ben-Ner. This paper is part of the National Bureau of Economic Research?s Shared Capitalism Research Project, funded by the Russell Sage and Rockefeller Foundations. Additional funding for the General Social Survey questions was provided by the Beyster Institute for Entrepreneurial Employee Ownership, the ESOP Association, the Employee Ownership Foundation, Hewitt Associates, the National Center for Employee Ownership, and the Profit Sharing Council of America. The authors wish to thank Tom Smith with the General Social Survey at the National Opinion Research Center of the University of Chicago and Peter Marsden of Harvard University with the National Organizations Study for their assistance in arranging the shared capitalism segment of both surveys. Refen Koh, Michelle Pinheiro, Rhokeun Park, and Patricia Berhau provided excellent assistance in survey scanning, entry, and verification. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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