Published Quarterly Journal of Economics Online 24 Apr 2026 Published Jul 2026The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from FranceElio Nimier-David · David Sraer · David ThesmarThis paper studies the causal effects of mandatory profit-sharing on workers and firms using a quasi-experimental design arising from a 1990 French reform that lowered the eligibility threshold for …