Addison, John T.; Schnabel, Claus; Wagner, Joachim - In: Oxford economic papers 53 (2001) 4, pp. 659-694
Works councils are the most important pillar of workplace industrial relations in Germany but little is known of their economic effects. The paper uses a modern, large-scale dataset to examine this issue. Consonant with recent applied theoretical conjectures, it is found that works councils are...