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Labor in the Boardroom
Jäger, Simon - 2019
study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked …
Persistent link: https://www.econbiz.de/10012480463
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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
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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 …-level distributional conflict. Relative to other European countries, Germany makes it easy for employers to avoid coverage or use … unemployment, but may also erode bargaining coverage and increase inequality. Meanwhile, firm-level codetermination through worker …
Persistent link: https://www.econbiz.de/10013362031
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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
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Works councils : consultation, representation, and cooperation in industrial relations
Rogers, Joel (ed.); Streeck, Wolfgang (contributor) - 1995
Persistent link: https://www.econbiz.de/10013480960
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The industrial organization and regulation of the securities industry
Lo, Andrew W. (ed.) - 1996
Persistent link: https://www.econbiz.de/10000937532
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Expectations Hypotheses Tests
Bekaert, Geert - 2000
We investigate the Expectations Hypotheses of the term structure of interest rates and of the foreign exchange market using vector autoregressive methods for the U.S. dollar, Deutsche mark, and British pound interest rates and exchange rates. In addition to standard Wald tests, we formulate...
Persistent link: https://www.econbiz.de/10012471161
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Why a Funded Pension System is Useful and Why It is Not Useful
Sinn, Hans-Werner - 2000
Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothing to be gained from a transition to funded system even though the latter offers a permanently higher rate of return. The sum of the...
Persistent link: https://www.econbiz.de/10012471177
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The Distribution of Exchange Rate Volatility
Andersen, Torben - 1999
Using high-frequency data on Deutschemark and Yen returns against the dollar, we construct model-free estimates of daily exchange rate volatility and correlation, covering an entire decade. In addition to being model-free, our estimates are also approximately free of measurement error under...
Persistent link: https://www.econbiz.de/10012471846
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Exchange Rate Dynamics with Sticky Prices : The Deutsch Mark, 1974-1982
Giovannini, Alberto - 1984
like those which appear to be typical in Germany …
Persistent link: https://www.econbiz.de/10012477815