@TechReport{iza:izadps:dp648,
            	author={Schank, Thorsten and Schnabel, Claus and Wagner, Joachim},
            	title={Works Councils – Sand or Grease in the Operation of German Firms?},
            	year={2002},
	month={Nov},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={648},
            	url={https://www.iza.org/publications/dp648},
	abstract={Using a large panel data set we investigate whether works councils act as sand or grease in
the operation of German firms. Stochastic production frontier analysis indicates that
establishments with and without a works council do not exhibit significant differences in
efficiency.},
	keywords={Germany;codetermination;works council;production frontier analysis},
            }