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Two stylized representations are often found in the academic and policy literature on informality and formality in developing countries. The first is that the informal (or unregulated) sector is more competitive than the formal (or regulated) sector. The second is that contract enforcement is...
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The article tries to answer an old question of economic theory and institutional economics: How do trade unions fit into a market economy? Are they a constitutive element of the market order or: are they a source of irritation and disruption?
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Using German establishment data, this study provides the first econometric analysis on the interaction of establishment-level codetermination and foreign owners. Works councils are associated with higher productivity in domestic-owned establishments while they are associated with lower...
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Germany. The relationship varies according to circumstances and type of establishment. For the subsample of single …
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setting due to labor cost and straitjacket effects. As firms in Germany are allowed to choose their wage formation regime, we … test these two hypotheses with representative establishment data for West Germany. We find that establishments with … Lohnfindung zu wählen. Da Arbeitgeber in Deutschland das Lohnfindungsregime frei wählen können, überprüfen wir diese Hypothesen …
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representative data for Germany - for many observers the exemplar of a cooperative industrial relations regime - to investigate the …
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