%0 Report %A Fackler, Daniel %A Schnabel, Claus %A Stegmaier, Jens %T Personnel Adjustments during the COVID-19 Pandemic: Did Co-Determination Make a Difference? %D 2021 %8 2021 Nov %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 14873 %U https://www.iza.org/index.php/publications/dp14873 %X Using a unique dataset of establishments in Germany surveyed during the Covid-19 pandemic, this study investigates whether personnel adjustments during the crisis differed between establishments with and without a works council. Our regression analyses show that the hiring and dismissal rate as well as the churning rate were lower in establishments with a works council. In contrast, the net employment growth rate over the pandemic and the implementation of short-time work did not differ significantly between establishments with and without a works council. We conclude that worker co-determination did indeed make a difference in terms of higher employment stability for the incumbent workforce during the pandemic. %K works councils %K co-determination %K personnel adjustments %K COVID-19 %K pandemic