Show Me the Money: Does Shared Capitalism Share the Wealth?  - CLEO Skip to main content


This paper examines the effect of a variety of employee stock ownership programs – including ESOPs and broad based stock options – on employees’ holdings of their employers’ stock, their earnings and their wealth. Two major datasets are employed: the NBER Shared Capitalism Research Project employee survey dataset and the 2002 and 2006 national General Social Survey (GSS).

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