IDEAS home Printed from https://ideas.repec.org/a/bla/ausecp/v32y1993i60p73-91.html
   My bibliography  Save this article

Real Wages and Distributional Conflict in the German Hyperinflation

Author

Listed:
  • Burkett, Paul
  • Burdekin, Richard C K

Abstract

Real wages during the German hyperinflation are analyzed in terms of the conflict between workers' wage demands and the pricing and employment decisions of firms. This framework incorporates the wage pressure effects of expected inflation and the "wage gap" between workers' target real wage and its observed value. Both of these effects are conditioned by unemployment that limits workers' ability to obtain their desired money wage adjustments. Empirical estimation over 1920-23 provides strong support for the hypothesized interaction between unemployment and real wage growth over the hyperinflation period. Copyright 1993 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia

Suggested Citation

  • Burkett, Paul & Burdekin, Richard C K, 1993. "Real Wages and Distributional Conflict in the German Hyperinflation," Australian Economic Papers, Wiley Blackwell, vol. 32(60), pages 73-91, June.
    • Handle: RePEc:bla:ausecp:v:32:y:1993:i:60:p:73-91
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ausecp:v:32:y:1993:i:60:p:73-91. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0004-900X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.