Based on data from a recent representative survey of the adult population in Germany this paper documents that the patterns of variables influencing nascent and infant entrepreneurship are quite similar and broadly in line with our theoretical priors both types of entrepreneurship are fostered...

In a survey published in this Journal, Frege (2002) evaluates research on the German works council from the perspective of several disciplines, including economics. Ultimately, she concludes that economic analysis of the works council has reached a "dead end". The present treatment offers a very...

18 Studies, die sich auf Daten aus 20 hochentwickelten, sich entwickelnden und weniger entwickelten Ländern stützen, zeigen, dass die Durchschnittslöhne in exportierenden Firmen höher liegen als in nichtexportierenden Firmen aus gleichen Branche und Region. Die Existenz dieser Lohnzuschläge...

Die Gründung eines Unternehmens ist ein Prozess, der damit beginnt, dass jemand Zeit und andere Ressourcen aufwendet, um die Entstehung einer neuen wirtschaftsaktiven Einheit "auf die Schiene zu setzen". Tut er dies (allein oder mit anderen) auf eigene Rechnung - und nicht als Teil seiner...

Using a large panel data set we investigate whether works councils act as a sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency

Using quantile regressions and a rich cross section data set for German manufacturing plants, this paper reports that the impact of works councils on labor productivity varies along the conditional distribution of value added per employee. It emerges that the positive and statistically...

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, among other things....