Corporate governance, entrenched labor, and economic growth [microform] / William R. Emmons and Frank A. Schmid.

"The German system of codetermination contributes to the entrenchment of labor. We show in a two-period model of project choice that entrenched labor leads to underinvestment and overstaffing. We provide empirical evidence that German firms subject to codetermination with equal representation o...

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Main Author: Emmons, William R.
Corporate Author: Federal Reserve Bank of St. Louis
Other Authors: Schmid, Frank A., 1962-
Format: Microfilm Book
Language:English
Published: [Saint Louis, Mo.] : Research Dept., Federal Reserve Bank of St. Louis, [2001]
Series:Working paper (Federal Reserve Bank of St. Louis) ; 2001-023A.
ASI microfiche library. Non-depository collection ; ASI 2001 9391-19.122.
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Call Number: ASI 2001 9391-19.122
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Call Number: ASI 2001 9391-19.122
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