TY - RPRT AU - Schank, Thorsten AU - Schnabel, Claus AU - Wagner, Joachim TI - Works Councils – Sand or Grease in the Operation of German Firms? PY - 2002/Nov/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 648 UR - https://www.iza.org/publications/dp648 AB - 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. KW - Germany KW - codetermination KW - works council KW - production frontier analysis ER -