Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/161373
Authors: 
Grund, Christian
Martin, Johannes
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers 10750
Abstract: 
Using representative German employee data, we analyse the role of works councils for the incidence of severance payments subsequent to dismissals. While there is a positive relation with severance payments after those dismissals which stem from plant closings, the incidence of a works council is negatively associated with severance pay subsequent to individual layoffs. In both cases, we find a negative moderating effect of individuals' higher reemployment chances. We also explore gender differences and differences between the types of previously held jobs.
Subjects: 
dismissals
layoffs
plant closings
severance pay
works councils
JEL: 
J53
J63
J65
Document Type: 
Working Paper

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