Pay in the 2000s: development and outcomes

Bispinck, Reinhard

Reihe: WSI Report, Nr. 6, Februar 2011.
Düsseldorf:  2011, 5 Seiten


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Kurzbeschreibung:


In Germany the 2000s proved to be a decade of moderate increases in collectively-agreed minimum pay. Agreed pay in real terms rose by 6.7% over the whole period. However, by 2010 real actual earnings had fallen by 4% over the decade and were down to 96% of their 2000 level. As a consequence, the distribution of income between labour and capital has shifted to the detriment of labour. Overall, the years 2000-2010 represent a 'lost decade' as far as pay is concerned.



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