Business, College of
Department of Economics: Faculty Publications
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Document Type
Article
Date of this Version
10-2002
Abstract
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 productivity.
Comments
IZA DP No. 597. Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor. Discussion Paper Series.