The Causes and Consequences of Adopting a Works Council
-
Kornelius Kraft
and
Julia Lang
Summary
This paper reports on the results of a study on the determinants of the introduction of a works council and its consequences. We consider the effects of expectations concerning the economic conditions of a firm on the probability of adopting a works council. This is done, on the one hand, by use of employees' expectations on employment security and, on the other hand, by including forecasts of the management concerning employment growth and business conditions. Secondly, the effects of the introduction of works councils on wages and overtime working are investigated. Works councils are introduced when employees are concerned about job security. After the introduction of a works council the concerns about job security are less pronounced.
© 2008 by Lucius & Lucius, Stuttgart
Articles in the same Issue
- Inhalt
- Contributions to Labormetrics: Guest Editorial
- Abhandlungen / Original Papers
- Two-Sided Learning with Applications to Labor Turnover and Worker Displacement
- Wages, Hours and Human Capital Over the Life Cycle
- The Phillips Curve and NAIRU Revisited: New Estimates for Germany
- The Aging of the Unions in West Germany, 1980–2006
- The Causes and Consequences of Adopting a Works Council
- Company-Level Pacts for Employment
- Parental Background and Earnings: German Evidence on Direct and Indirect Relationships
- Relative Demand and Supply of Skills and Wage Rigidity in the United States, Britain, and Western Germany
- The Effects of Active Labor Market Programs in Germany: An Investigation Using Different Definitions of Non-Treatment
- Dynamic Panel Data Models with Spatial Correlation
- Assessing the Rationality of Survey Expectations: The Probability Approach
- Measuring Research Intensity from Anonymized Data: Does Multiplicative Noise with Factor Structure Save Results Regarding Quotients?
- Buchbesprechung / Book Review
Articles in the same Issue
- Inhalt
- Contributions to Labormetrics: Guest Editorial
- Abhandlungen / Original Papers
- Two-Sided Learning with Applications to Labor Turnover and Worker Displacement
- Wages, Hours and Human Capital Over the Life Cycle
- The Phillips Curve and NAIRU Revisited: New Estimates for Germany
- The Aging of the Unions in West Germany, 1980–2006
- The Causes and Consequences of Adopting a Works Council
- Company-Level Pacts for Employment
- Parental Background and Earnings: German Evidence on Direct and Indirect Relationships
- Relative Demand and Supply of Skills and Wage Rigidity in the United States, Britain, and Western Germany
- The Effects of Active Labor Market Programs in Germany: An Investigation Using Different Definitions of Non-Treatment
- Dynamic Panel Data Models with Spatial Correlation
- Assessing the Rationality of Survey Expectations: The Probability Approach
- Measuring Research Intensity from Anonymized Data: Does Multiplicative Noise with Factor Structure Save Results Regarding Quotients?
- Buchbesprechung / Book Review
