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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 …
Persistent link: https://www.econbiz.de/10013320390
efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers …Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with …
Persistent link: https://www.econbiz.de/10001545528
efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers …Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with …
Persistent link: https://www.econbiz.de/10013321041
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. …
Persistent link: https://www.econbiz.de/10010273751
efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers …Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with …
Persistent link: https://www.econbiz.de/10010262451
Persistent link: https://www.econbiz.de/10013268865
efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers …Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes … that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with …
Persistent link: https://www.econbiz.de/10001579865
, dass die geringen Differenzierungsmöglichkeiten des deutschen Systems relativ zentralisierter Tarifverhandlungen einen … one-fifth of eastern German firms in the private sector paid wages that were higher than the collective contract wages … of the wage gap have been falling in recent years. One important explanation for firms paying higher wages can be found …
Persistent link: https://www.econbiz.de/10010509831
and prices, unemployment and labour productivity. Impulse indicator saturation is used to achieve robust estimation of … related to the macroeconomic development, and presents dynamic econometric models of nominal and real wages. Single equation … and multi-equation models are reported. The econometric modelling uses a new data set with historical time series of wages …
Persistent link: https://www.econbiz.de/10011653824
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …. This could be the result of a bias caused by standard estimation error. Using German social security records we show that …
Persistent link: https://www.econbiz.de/10013104657