%0 Report %A Schank, Thorsten %A Schnabel, Claus %A Wagner, Joachim %T Works Councils – Sand or Grease in the Operation of German Firms? %D 2002 %8 2002 Nov %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 648 %U https://www.iza.org/publications/dp648 %X 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. %K Germany %K codetermination %K works council %K production frontier analysis