Die gemeinnützigen Unternehmen der Freien Wohlfahrtspflege sind Marktführer beim Angebot sozialer Dienste, stellen über 1,1 Mio. Arbeitsplätze bereit und leisten einen Beitrag von etwa 2% zum Volkseinkommen. Trotz verschiedener Gesetzesreformen beherrschen staatliche Regulierungen, ein...

This paper suggests a two-dimensional concept of nonliberal capitalism: coordinated capitalism (as described in the varieties of capitalism framework) and organized capitalism. While the coordination function of institutions canalizes individual maximization strategies of firms in order to...

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...