- Based on the three articles, describe works councils in Germany, their major characteristics, especially how they are different from the unions in the US.
- Based on Addison et al. (2001) and Mueller (2012), what are the major economic impact of works councils on firm performance (including productivity)? What is the theoretical support to the works councils’ economic impact?
*Hint: to the second question, focus on Mueller (2012) p. 883-884, and similar discussions in Addison et al. (2001) p. 661-663.
- According to Dustmann et al. (2014), what are the major reasons for Germany to transform itself from “the sick man of Europe” to an “economic superstar”? What is the role of works councils during this process?
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