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Faire Löhne: Normen und Fakten

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  • Fritz Helmedag

Abstract

In this paper exact criteria are defined in order to identify a “fair” remuneration of the labour power. Due to this principle a point of reference is provided which makes it possible to refer to a “just” level of wages. Thus we are entitled to judge the factual pay as “too high” or “too low”. Finally an assessment of empirical evidence concerning the factor shares in Germany is given.

Suggested Citation

  • Fritz Helmedag, 2003. "Faire Löhne: Normen und Fakten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 4(1), pages 17-28, February.
    • Handle: RePEc:bla:perwir:v:4:y:2003:i:1:p:17-28
    DOI: 10.1111/1468-2516.t01-1-00003
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    References listed on IDEAS

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    1. Ernst Fehr & Armin Falk, 1999. "Wage Rigidity in a Competitive Incomplete Contract Market," Journal of Political Economy, University of Chicago Press, vol. 107(1), pages 106-134, February.
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