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The Maturing of the Labor-Management Relationship and a Macroeconomic Analysis of Wage Change

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  • Tsuneo Ono

Abstract

The logic of economic consistency in the wage function that econometrically predicts the rate of spring offensive wage hike on the basis of a relationship of wage change with macroeconomic determinants has a policy implication that the wage function reflects individual firms' dominant behavioral pattern at wage determination or the wage criteria taken at pattern-setting wage bargainings.

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  • Tsuneo Ono, 1990. "The Maturing of the Labor-Management Relationship and a Macroeconomic Analysis of Wage Change," Japanese Economy, Taylor & Francis Journals, vol. 18(4), pages 65-91.
    • Handle: RePEc:mes:jpneco:v:18:y:1990:i:4:p:65-91
    DOI: 10.2753/JES1097-203X180465
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    Cited by:

    1. David Kucera, 1998. "Foreign Trade and Men and Women's Employment and Earnings in Germany and Japan," SCEPA working paper series. 1998-17, Schwartz Center for Economic Policy Analysis (SCEPA), The New School, revised Aug 1998.

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