Narrow search
Showing 1 - 10 of 397
Cover Image
Worker Representatives
Budde, Julian; Dohmen, Thomas; Jäger, Simon; Trenkle, Simon - National Bureau of Economic Research - 2024
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014635703
Cover Image
Works councils : consultation, representation, and cooperation in industrial relations
Rogers, Joel (ed.); Streeck, Wolfgang (contributor) - 1995
Persistent link: https://www.econbiz.de/10013480960
Cover Image
Financial Systems, Economic Growth, and Globalization
Rousseau, Peter L. - 2001
This paper brings together two strands of the economic literature -- that on the finance-growth nexus and that on capital market integration -- and explores key issues surrounding each strand through both institutional/country histories and formal quantitative analysis. We begin with studies of...
Persistent link: https://www.econbiz.de/10012470401
Cover Image
Were Trade and Factor Mobility Substitutes in History?
Collins, William J. - 1997
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
Cover Image
Corporate-Finance Benefits from Universal Banking : Germany and the United States, 1870-1914
Calomiris, Charles W. - 1993
Limitations on bank consolidation and branching in the United States at an early date effectively limited the scope of commercial banks and their involvement in financing large-scale industry, and increased information and transaction costs of issuing securities. In contrast, German industry was...
Persistent link: https://www.econbiz.de/10012474543
Cover Image
Labor in the Boardroom
Jäger, Simon - 2019
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...
Persistent link: https://www.econbiz.de/10012480463
Cover Image
Class Struggle Inside the Firm : A Study of German Codetermination
Gorton, Gary - 2000
German system of codetermination,' a governance system under which employees are allocated some control rights over corporate … assets by law. Codetermination laws require that employees be represented on the (supervisory) board of directors. If … codetermination sufficiently empowers employees, and if stockholders' rights cannot be contractually protected, then employees may …
Persistent link: https://www.econbiz.de/10012470791
Cover Image
The German Model of Industrial Relations : Balancing Flexibility and Collective Action
Jäger, Simon; Noy, Shakked; Schoefer, Benjamin - National Bureau of Economic Research - 2022
pillars of the model: sectoral collective bargaining and firm-level codetermination. Relative to the United States, Germany … unemployment, but may also erode bargaining coverage and increase inequality. Meanwhile, firm-level codetermination through worker …
Persistent link: https://www.econbiz.de/10013362031
Cover Image
The Rybczynski Theorem, Factor-Price Equalization, and Immigration : Evidence from U.S. States
Hanson, Gordon H. - 1999
Recent literature on the labor-market effects of U.S. immigration tends to find little correlation between regional immigrant inflows and changes in relative regional wages. In this paper we examine whether immigration, or endowment shocks more generally, altered U.S. regional output mixes as...
Persistent link: https://www.econbiz.de/10012471722
Cover Image
Who Can Tell Which Banks Will Fail?
Blickle, Kristian; Brunnermeier, Markus Konrad; Luck, … - National Bureau of Economic Research - 2022
We use the German Crisis of 1931, a key event of the Great Depression, to study how depositors behave during a bank run in the absence of deposit insurance. We find that deposits decline by around 20% during the run and that there is an equal outflow of retail and non-financial wholesale...
Persistent link: https://www.econbiz.de/10012938722