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Globalisation and the Slope of the Phillips Curve
Kohlscheen, Emanuel; Moessner, Richhild - 2021
We study the effects of globalisation on the slope of the New Keynesian Phillips curve for CPI inflation, based on a broad panel of 35 countries and controlling for possibly non-linear exchange rate effects. We find that the output gap generally has a significant positive effect on inflation,...
Persistent link: https://www.econbiz.de/10013322779
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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/10012857903
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The Shortfall in Formal Employee Participation at the European Workplace
Addison, John T. - 2019
Cross-country data are used to establish perceived shortfalls in employee involvement based on the responses of employee representatives in EU establishments with formal workplace employee representation. The desire for greater involvement is smaller where workplace representation is via works...
Persistent link: https://www.econbiz.de/10012892185
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Strikes, Employee Workplace Representation, Unionism, and Industrial Relations Quality in European Establishments
Addison, John T. - 2019
Using cross-country data, this paper investigates the relationship between workplace representation and strikes. Works councils are associated with reduced strike activity. However, where union members make up a majority of works councillors, such union-dominated councils experience greater...
Persistent link: https://www.econbiz.de/10012892227
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Dissonant Works Councils and Establishment Survivability
Addison, John T. - 2019
Using subjective information provided by manager respondents on the stance taken by the works council in company decision making, this paper investigates the association between a measure of works council dissonance or disaffection and plant closings in Germany, 2006-2015. The potential effects...
Persistent link: https://www.econbiz.de/10012866559
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Management Practices, Worker Commitment, and Workplace Representation
Addison, John T. - 2020
Using multilevel mixed effects ordered logistic models, this paper conducts an original investigation of the new management as a technology approach for all EU nations in a framework that explicitly recognizes worker representation while incorporating the notion of affective commitment. It is...
Persistent link: https://www.econbiz.de/10012832181
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Voice at Work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference …
Persistent link: https://www.econbiz.de/10013239560
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Do Employees Benefit from Worker Representation on Corporate Boards?
Blandhol, Christine; Mogstad, Magne; Nilsson, Peter; … - 2021
Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question – especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...
Persistent link: https://www.econbiz.de/10013314747
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What Does Codetermination Do?
Jäger, Simon; Noy, Shakked; Schoefer, Benjamin - 2021
We provide a comprehensive overview of codetermination, i.e., worker representation in firms’ governance and management … that existing quasi-experimental estimates suggest that codetermination has zero or very small positive effects on worker … codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010 …
Persistent link: https://www.econbiz.de/10013221177
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Please Bring Me the New York Times - On the European Roots of Richard Abel Musgrave
Sinn, Hans-Werner - 2021
Richard Musgrave was one of the around 200 academic economists who emigrated from Germany when Fascism came to dominate the country. This memorial lecture traces the German and European roots of Richard Musgrave's oeuvre, trying to shed light on his family background as well as on the political...
Persistent link: https://www.econbiz.de/10013316948