Disentangling pay and productivity in a corporatist economy : the case of Germany

Scott M. Fuess Jr., Meghan Millea

Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and productivity.

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Year of publication:	October 2002
Authors:	Fuess, Scott M. ; Millea, Meghan
Publisher:	Bonn : IZA
Subject:	labor contracts \| efficiency wages \| corporatism \| Lohn \| Wages \| Produktivität \| Productivity \| Tarifverhandlungen \| Collective bargaining \| Effizienzlohn \| Efficiency wages \| Korporatismus \| Corporatism \| Schätzung \| Estimation \| Deutschland \| Germany

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Extent:	1 Online-Ressource (10 Seiten)
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. IZA DP no. 597
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/21289 [Handle]
Classification:	J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; J30 - Wages, Compensation, and Labor Costs. General ; J50 - Labor-Management Relations, Trade Unions, and Collective Bargaining. General ; C22 - Time-Series Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011413818