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; board-level employee representation ; firm performance ; Germany …
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Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi-rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent-seeking by reducing investments. The U.S. evidence...
Persistent link: https://www.econbiz.de/10003411000
This paper uses data from a nationally representative panel of establishments to estimate the effects of German works councils on firm performance, 1997 - 2000. We analyze the impact of this institution on sales and sales growth using OLC and fixed effect estimates of a translog production...
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Using OLS and quantile regression methods and rich cross-section data sets for western and eastern Germany, this paper …
Persistent link: https://www.econbiz.de/10003386209
This paper provides the first full examination of the effect of German works councils on wages using matched employer-employee data (specifically, the LIAB for 2001). We find that works councils are associated with higher earnings. The wage premium is around 11 percent (and is higher under...
Persistent link: https://www.econbiz.de/10003502719
This paper investigates trends in collective bargaining and worker representation in Germany from 2000 to 2008. It … western Germany. Arguably, the path of erosion will continue until rough and ready convergence is reached with eastern Germany … appears to be so. -- Erosion of the dual system ; collective bargaining/works council coverage ; eastern and western Germany …
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