Wage Determination under Labor-Management : Theory and Evidence from Yugoslavia
AbstractIn this paper we model and test alternative explanations of income determination in participatory and labor-managed firms. In the Yugoslav context, this involves distinguishing between the competing contentions that earnmings differentials are related to the system of self-management per se or are consequence of capital rationing by the authorities. our inital aim is theoretical ; to develop an adequate general formulation of the problem and an appropriate framework in which to embed the hypotheses. It ios also felt that rigorous empirical findings in this area will be an important input in evaluating the Yugoslav labor-managed system as well as the increasing degree of worker participation in other countries.
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 243.
Length: 40 pages
Date of creation: 1983
Date of revision:
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