TY - RPRT AU - Fackler, Daniel AU - Schnabel, Claus AU - Stegmaier, Jens TI - Personnel Adjustments during the COVID-19 Pandemic: Did Co-Determination Make a Difference? PY - 2021/Nov/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 14873 UR - https://www.iza.org/index.php/publications/dp14873 AB - 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. KW - works councils KW - co-determination KW - personnel adjustments KW - COVID-19 KW - pandemic ER -