We investigate the effect of profit sharing on establishments' hirings, layoffs, and quits. Our principal argument is that profit sharing increases wage flexibility and also aligns wages with a changing marginal revenue product. Because employment stability makes their human capital investment...

Based on theoretical models of job mobility this paper provides an empirical analysis of job durations in West Germany using information from two cohorts of new entrants to the labor force. We adopt an accelerated failure time model allowing for unobserved heterogeneity. Thereby we combine the...

Although works councils are a core element of the German system of industrial relations, there is little reliable information on their incidence and coverage. This paper uses data from the nationally representative IAB establishment panel to fill this gap. We examine the frequency of works...

Since 1920, the thrust of German law on workplace codetermination has changed on a number of occasions. We describe the latest swing of the legislative pendium - favoring works council formation and competence - and evaluate the case for it. We provide new information on the extent of works...

Although works councils are a core element of the German system of industrial relations, there is little reliable information on their incidence and coverage. This paper uses data from the nationally representative IAB establishment panel to fill this gap. We examine the frequency of works...

We analyse the influence of regional determinants on the decision of employers to provide within-firm further training. We estimate the effects of the regional population density, the unemployment rate and the regional concentration of an industry against the background of several determinants...

This paper examines the impact of innovations and wages on the demand for heterogeneous labour. Based on matched data from the IAB-establishment panel survey and the files of the employment statistics register for the year 1995, input shares derived from a generalised Leontief cost function are...

Based on theoretical models of job mobility this paper provides an empirical analysis of job durations in West Germany using information from two cohorts of new entrants to the labor force. We adopt an accelerated failure time model allowing for unobserved heterogeneity. Thereby we combine the...