productivity rise the wage hikes should be linked. In this paper we examine the economy-wide productivity rise vs the industry …-level rise in productivity as a basis for a wage norm. We evaluate the consequences of these alternatives from the point of view … which takes the aggregate productivity rise as its norm, has given room for the profitable industries to grow, but, on the …

employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of … help firms to grow larger but do not improve their productivity. …

productivity rise the wage hikes should be linked. In this paper we examine the economy-wide productivity rise vs the industry …-level rise in productivity as a basis for a wage norm. We evaluate the consequences of these alternatives from the point of view … which takes the aggregate productivity rise as its norm, has given room for the profitable industries to grow, but, on the …