| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16261 |
| DP16261 What Does Codetermination Do? | |
| Simon Jäger; Shakked Noy; Benjamin Schoefer | |
| 发表日期 | 2021-06-15 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We provide a comprehensive overview of codetermination, i.e., worker representation in firms’ governance and management. We cover the institution’s history, implementation, and the best available evidence on its economic impacts. We argue that existing quasi-experimental estimates suggest that codetermination has zero or very small positive effects on worker and firm outcomes at the partial-equilibrium firm level. In addition, we test for general-equilibrium effects of codetermination laws using novel cross-country event studies exploiting a series of codetermination reforms between the 1960s and 2010s, and find no evidence that codetermination laws shift aggregate economic outcomes or the quality of industrial relations. We offer three potential explanations of the institution's limited impact. First, existing codetermination laws convey relatively little authority to workers. Second, countries with codetermination laws have high baseline levels of informal worker involvement in decision-making, independently of formal codetermination. Third, codetermination laws may interact with other labor market institutions, such as union representation and collective bargaining. We close by discussing implications of these facts for recent codetermination proposals in the United States. |
| 主题 | Economic History ; Financial Economics ; Labour Economics ; Macroeconomics and Growth ; Organizational Economics ; Public Economics |
| URL | https://cepr.org/publications/dp16261 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545225 |
| 推荐引用方式 GB/T 7714 | Simon Jäger,Shakked Noy,Benjamin Schoefer. DP16261 What Does Codetermination Do?. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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