productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to …Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … disentangle the relationship between pay and productivity …

productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to …Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … disentangle the relationship between pay and productivity. …

can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a … survey of 801 firms strong support has been found for explanations based on collective wage agreements and on efficency wages … quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …

productivity of a firm, the more likely it is to opt for centralized wage formation where it can hide behind less productive firms … setting due to labor cost and straitjacket effects. As firms in Germany are allowed to choose their wage formation regime, we … test these two hypotheses with representative establishment data for West Germany. We find that establishments with …

consequences for aggregate labor productivity. Using high-quality administrative data from Germany, we document that East German … data predicts ten percent lower aggregate labor productivity in East Germany …When employers face a trade-off between being large and paying low wages - and in this sense have monopsony power …

The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …

The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …

There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence … factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …