Bohachova, Olga; Boockmann, Bernhard; Buch, Claudia M. - 2011
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries …. Despite a large drop in output, employment has hardly changed. In this paper, we analyze the determinants of German firms … of works councils. Second, on the basis of these estimates, we use the difference between predicted and actual employment …