Gerlach, Knut; Meyer, Wolfgang - In: Mitteilungen aus der Arbeitsmarkt- und Berufsforschung 28 (1995) 3, pp. 383-390
"Differences in the development of wage levels and employment between individual economies are often explained by the institutional structuring of national wage rate systems. Clamping down on wage levels leads to higher levels of employment particularly in decentralised but also in centralised...