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...

This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for...

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...

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...

Pacts for employment and competitiveness are an integral component of the ongoing process of decentralization of collective bargaining in Germany, a phenomenon that has been hailed as key to that nation's economic resurgence. Yet little is known about the effects of pacts on firm performance....

There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence is provided on the way collective wage agreements affect the adjustment of working hours, employment and other production factors when firms from the service sector are faced...

Der Beitrag untersucht die Verbreitung von Tarifverträgen in Dienstleistungsunternehmen sowie deren Wirkungen auf die Beschäftigungspolitik im Falle von Nachfrageschwankungen. Der empirische Teil basiert auf der ZEW/Creditreform Konjunkturumfrage bei unternehmensnahen...

Seit Mitte der 1990er Jahre verfolgen die Tarifparteien in Deutschland überwiegend eine moderate Lohnpolitik. Diese hat die Lohnstückkostenposition verbessert und die internationale Wettbewerbsfähigkeit gesteigert. Gleichzeitig unterstützte die Lohnpolitik im Zusammenspiel mit den...

Die öffentliche Meinung „gleicher Lohn für gleiche Arbeit“ findet man häufig, wenn die Verdienstmöglichkeiten in Ost- und Westdeutschland thematisiert werden. Nach der Wiedervereinigung erwirkten die Gewerkschaften eine rasche Tariflohnangleichung. Dies geschah auch zum Schutz der...