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Full-Text Articles in Social and Behavioral Sciences
Disentangling Pay And Productivity In A Corporatist Economy: The Case Of Germany, Scott M. Fuess Jr., Meghan Millea
Disentangling Pay And Productivity In A Corporatist Economy: The Case Of Germany, Scott M. Fuess Jr., Meghan Millea
Department of Economics: Faculty Publications
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.