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Autoren: 
FitzRoy, Felix R.
Kraft, Kornelius
Datum: 
2004
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 1442
Zusammenfassung: 
We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the likely long run benefits in terms of human capital formation and job satisfaction, we find positive productivity effects of the 1976 extension to parity codetermination in large firms.
Schlagwörter: 
co-determination
employee involvement
productivity
JEL: 
J5
D2
L2
Dokumentart: 
Working Paper

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