Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods … (favorable) impact on investment. …

Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods … (favorable) impact on investment. …

trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …

Using a large linked employer-employee data set for Germany, we find that the existence of a works council is …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different …

Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …

This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the … contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been … underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence …