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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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Since 1920, the thrust of German law on workplace codetermination has changed on a number of occasions. We describe the … some new results from matched-plant data. If the former evidence points to a codetermination deficit, this shortfall does …
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