TY  - RPRT
        AU  - Jr., Scott M. Fuess
AU  - Millea, Meghan
        TI  - Disentangling Pay and Productivity in a Corporatist Economy: The Case of Germany
        PY  - 2002/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 597
        UR  - https://www.iza.org/publications/dp597
        AB  - 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.

        KW  - labor contracts
KW  - efficiency wages
KW  - corporatism
        ER  -