SCOTT M. FUESS, JR.; MILLEA, MEGHAN - In: Journal of Labor Research 27 (2006) 3, pp. 397-409
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about the case of a corporatist economy, in which wage setting is highly coordinated? With corporatist cooperation between unions and management, is pay...