Table 6 Profit-sharing and total compensation: departures from the base model
\( {\beta}_D \) | \( {\beta}_T \) | \( {\beta}_{TD} \) | Sample size | |
|---|---|---|---|---|
(1) Base model | 0.052 | 0.014 | 0.041 | 3,180 |
(0.009) | (0.019) | (0.015) | ||
(2) Varying post-treatment effect by year | ||||
2005 | 0.028 | 0.009 | 0.043 | 4,920 |
(0.008) | (0.018) | (0.012) | ||
2006 | 0.036 | 0.043 | ||
(0.009) | (0.013) | |||
(3) Interacted with proportion of workers affected by profit-sharing | ||||
< 20% | 0.052 | 0.007 | 0.018 | 3,180 |
(0.009) | (0.026) | (0.018) | ||
20–99% | 0.023 | 0.078 | ||
(0.045) | (0.040) | |||
100% | 0.021 | 0.055 | ||
(0.028) | (0.028) | |||
(4) Interacted with bargaining arrangements | ||||
No collective bargaining | 0.052 | 0.029 | 0.026 | 3,180 |
(0.009) | (0.032) | (0.027) | ||
Collective bargaining | 0.006 | 0.049 | ||
(0.022) | (0.018) | |||
(5) Interacted with works council | ||||
No works council | 0.052 | 0.062 | 0.023 | 3,177 |
(0.009) | (0.034) | (0.027) | ||
Works council | −0.021 | 0.045 | ||
(0.019) | (0.017) | |||
(6) Interacted with plant size | ||||
< 20 employees | 0.052 | 0.093 | 0.010 | 3,180 |
(0.009) | (0.060) | (0.050) | ||
20–199 employees | 0.012 | 0.055 | ||
(0.023) | (0.023) | |||
> 200 employees | −0.025 | 0.031 | ||
(0.029) | (0.015) |