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Despite recent changes in the relationship between unionism and various indicators of firm performance, there is one seeming constant in the Anglophone countries: unions at the workplace are associated with reduced employment growth of around -2.5% a year. Using German data, we examine the...
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(economic regulation). Socially optimal levels of co-determination may be prevented by the existence of high fixed costs of … will work efficiently or socially optimal. Co-determination reinforces well functioning social democracy, recent studies …
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