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Recently accepted by #QJE: “The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France,” by Nimier-David (@elionimier.bsky.social), Sraer, and Thesmar: doi.org/10.1093/qje/...
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Abstract. Since 1967, all French firms with more than 100 employees have been required to share a fraction of their excess profits with their employees. Th
The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France*
The Quarterly Journal of Economics