“…Using a panel data set of managers in the German chemical industry, we indeed find first evidence. …”

“…Estimating wage regressions with data of the German Socio-Economic Panel (GSOEP) within individually perceived hazards of work accidents as a risk variable, evidence for compensating wage differentials in Germany is found even though other effects may partly weaken the existing wage premiums due to risks at work."…”

“…"Using representative German employee data, we analyse the role of works councils for the incidence of severance payments subsequent to dismissals. …”

“…Based on representative data from the German Socio-Economic Panel, we find a negative relationship between works councils and both kinds of separation. …”

“…"We investigate the effects of works councils on employees’ wages and job satisfaction in general and for subgroups with respect to sex and occupational status. Making use of a German representative sample of employees, we find that employees, who move to a firm with a works council, report increases in job satisfaction, but do not receive particular wage increases. …”

“…Using individual panel data of middle managers from the German chemical sector, we are able to differentiate between different reasons for interruptions as well as between various compensation components. …”