Capitalism and Kinship: Do Institutions Matter in the Labor Market?
This study examines the determination of employment and pay on "capitalist" and "kinship" vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels...
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Veröffentlicht in: | Industrial & labor relations review 1986-10, Vol.40 (1), p.48-60 |
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creator | Doeringer, Peter B. Moss, Philip I. Terkla, David G. |
description | This study examines the determination of employment and pay on "capitalist" and "kinship" vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth. |
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Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth.</description><identifier>ISSN: 0019-7939</identifier><identifier>EISSN: 2162-271X</identifier><identifier>DOI: 10.1177/001979398604000104</identifier><identifier>CODEN: ILREAQ</identifier><language>eng</language><publisher>Los Angeles, CA: New York State School of Industrial and Labor Relations, Cornell University</publisher><subject>Boats ; Capitalism ; Employment ; Family ; Family Relationship ; Fishers ; Fishing Communities ; Fishing industry ; Impacts ; Industrial Development ; Kinship ; Labor ; Labor Market ; Labor markets ; Labor relations ; Massachusetts ; Ownership ; Ports ; Studies ; Unemployment ; Wages & salaries</subject><ispartof>Industrial & labor relations review, 1986-10, Vol.40 (1), p.48-60</ispartof><rights>Copyright 1986 Cornell University</rights><rights>1986 Cornell University</rights><rights>Copyright New York State School of Industrial and Labor Relations Oct 1986</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c4054-352793f67b4164a27e37ff7612bf43c8e93e718e26978bd7729b2a8cb01ba023</citedby><cites>FETCH-LOGICAL-c4054-352793f67b4164a27e37ff7612bf43c8e93e718e26978bd7729b2a8cb01ba023</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/2523945$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/2523945$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,777,781,800,3994,27850,27905,27906,33755,33756,57998,58231</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/ilrarticl/v_3a40_3ay_3a1986_3ai_3a1_3ap_3a48-60.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Doeringer, Peter B.</creatorcontrib><creatorcontrib>Moss, Philip I.</creatorcontrib><creatorcontrib>Terkla, David G.</creatorcontrib><title>Capitalism and Kinship: Do Institutions Matter in the Labor Market?</title><title>Industrial & labor relations review</title><description>This study examines the determination of employment and pay on "capitalist" and "kinship" vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth.</description><subject>Boats</subject><subject>Capitalism</subject><subject>Employment</subject><subject>Family</subject><subject>Family Relationship</subject><subject>Fishers</subject><subject>Fishing Communities</subject><subject>Fishing industry</subject><subject>Impacts</subject><subject>Industrial Development</subject><subject>Kinship</subject><subject>Labor</subject><subject>Labor Market</subject><subject>Labor markets</subject><subject>Labor relations</subject><subject>Massachusetts</subject><subject>Ownership</subject><subject>Ports</subject><subject>Studies</subject><subject>Unemployment</subject><subject>Wages & 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source | RePEc; Worldwide Political Science Abstracts; HeinOnline Law Journal Library; Business Source Complete; Sociological Abstracts; Periodicals Index Online; Jstor Complete Legacy; Alma/SFX Local Collection |
subjects | Boats Capitalism Employment Family Family Relationship Fishers Fishing Communities Fishing industry Impacts Industrial Development Kinship Labor Labor Market Labor markets Labor relations Massachusetts Ownership Ports Studies Unemployment Wages & salaries |
title | Capitalism and Kinship: Do Institutions Matter in the Labor Market? |
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