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...

Prominent reasons why people make more or less money in the labor market include personal characteristics of the employee (e.g., human capital or gender), job characteristics (working conditions demanding compensating wage differentials), and characteristics of the employer (e.g., industry or...

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...

This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using German administrative linked employer-employee data for the years 1985-2010 and an estimation framework based on duration models, we construct a time series of the firm-level...