Disentangling Pay and Productivity in a Corporatist Economy : The Case of Germany

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:	[2021]
Authors:	Fuess, Scott M. ; Millea, Meghan
Publisher:	[S.l.] : SSRN
Subject:	Deutschland \| Germany \| Lohn \| Wages \| Korporatismus \| Corporatism \| Schätzung \| Estimation \| Effizienzlohn \| Efficiency wages \| Tarifverhandlungen \| Collective bargaining \| Produktivität \| Productivity

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 2002 erstellt
Other identifiers:	10.2139/ssrn.341541 [DOI]
Classification:	J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; C22 - Time-Series Models ; J50 - Labor-Management Relations, Trade Unions, and Collective Bargaining. General ; J30 - Wages, Compensation, and Labor Costs. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013320390