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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. …
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's decision to unionise (such as social custom theory). A review of the international empirical evidence shows that business cycle …
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Germany, while at the same time charting the determinants of their presence. Furthermore, we identify newly established works …
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Using a large panel data set we investigate whether works councils act as 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.
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present first empirical evidence on this firm age - wage nexus for Germany. We find that older firms pay on average higher …
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