Rutgers University, USA, and IZA, Germany
IZA World of Labor role
Author
Current position
Distinguished Professor, School of Management and Labor Relations Rutgers University, USA
Research interest
Employee ownership, profit sharing, disability, worker displacement, pensions, and wage differentials
Past positions
Senior Economist, Council of Economic Advisers, Executive Office of the President, Washington, DC (September 2013–August 2014)
Qualifications
PhD Economics, Harvard University, 1988
Selected publications
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The Citizen’s Share: Reducing Inequality in the 21st Century. New Haven, CT: Yale University Press, 2013 (with J. Blasi and R. Freeman).
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People with Disabilities: Sidelined or Mainstreamed? Cambridge: Cambridge University Press, 2013 (with L. Schur and P. Blanck).
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Shared Capitalism at Work. Chicago: University of Chicago Press, 2010 (with R. Freeman and J. Blasi).
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Profit Sharing: Does It Make A Difference? Kalamazoo, MI: W.E. Upjohn Institute for Employment Research, 1993.
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How Did Employee Ownership Firms Weather the Past Two Recessions? Kalamazoo, MI: W.E. Upjohn Institute for Employment Research, Forthcoming 2016 (with F. Kurtulus).
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Does employee ownership improve performance? Updated
Employee ownership generally increases firm performance and worker outcomes
Douglas Kruse, May 2022Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity, pay, job stability, and firm survival—though the effects are dispersed and causation is difficult to firmly establish. Free-riding often appears to be overcome by worker co-monitoring and reciprocity. Financial risk is an important concern but is generally minimized by higher pay and job stability among employee owners.MoreLess