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来源类型Working Paper
规范类型报告
DOI10.3386/w28921
来源IDWorking Paper 28921
What Does Codetermination Do?
Simon Jäger; Shakked Noy; Benjamin Schoefer
发表日期2021-06-14
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. The available micro evidence points to zero or small positive effects of codetermination on worker and firm outcomes, and leaves room for moderate positive effects on productivity, wages, and job stability. Similarly, we present new country-level, general-equilibrium event studies of codetermination reforms between the 1960s and 2010s, finding no effects on aggregate economic outcomes or the quality of industrial relations. We offer three explanations of the institution’s limited impact. First, existing codetermination laws convey little authority to workers. Second, countries with codetermination laws have high baseline levels of informal worker voice. Third, codetermination laws may interact with other labor market institutions, such as union representation and collective bargaining. We close by discussing implications for recent codetermination proposals in the United States.
主题Labor Economics ; Other ; Law and Economics ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w28921
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586594
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GB/T 7714
Simon Jäger,Shakked Noy,Benjamin Schoefer. What Does Codetermination Do?. 2021.
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