Addison, John T.; Teixeira, Paulino; Zwick, Thomas - Institute for the Study of Labor (IZA) - 2006
-employee data (specifically, the LIAB for 2001). We find that works councils are associated with higher earnings. The wage premium … for men. Finally, the works council wage premium is associated with longer job tenure. This suggests that some of the … premium is a noncompetitive rent, even if works council voice may dominate its distributive effects insofar as tenure is …