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Self-managed working time and firm performance: Microeconometric evidence

Beckmann, Michael. (2016) Self-managed working time and firm performance: Microeconometric evidence. WWZ Working Papers, 2016 (01).

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Official URL: https://edoc.unibas.ch/61322/

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Abstract

This paper empirically examines the impact of self-managed working time (SMWT) on firm per-formance using panel data from German establishments. As a policy for the decentralization of decision rights, SMWT provides employees with extensive control over scheduling individual working time. From a theoretical viewpoint, SMWT has ambiguous effects on both worker productivity and wages. Based on the construction of a quasi-natural experiment and the combination of a differences-in-differences approach with propensity score matching as an identification strategy, the empirical analysis shows that up to five years after introduction, SMWT increases firm productivity by about 9% and wage costs by about 8.5%. This implies that SMWT improves both individual and firm productivity, and supplemental evidence shows that these productivity enhancements can primarily be explained by incentive effects associated with decentralization policies in general.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Personal und Organisation (Beckmann)
12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers
UniBasel Contributors:Beckmann, Michael
Item Type:Working Paper
Publisher:WWZ, University of Basel
Number of Pages:40
Note:Publication type according to Uni Basel Research Database: Discussion paper / Internet publication
Language:English
Identification Number:
  • handle: RePEc:bsl:wpaper:2016/01
Last Modified:16 Apr 2018 13:48
Deposited On:07 Mar 2018 13:13

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