Table 1 Means of dependent variables by existence of a works council
From: Personnel adjustments during the Covid-19 pandemic: did co-determination make a difference?
Works council | No works council | |||
|---|---|---|---|---|
Mean | Std. dev. | Mean | Std. dev. | |
Hiring rate | 0.0528 | 0.0645 | 0.0945 | 0.1778 |
Dismissal rate | 0.0080 | 0.0279 | 0.0340 | 0.1060 |
Quit rate | 0.0833 | 0.1827 | 0.1014 | 0.2160 |
Churning rate | 0.0716 | 0.1033 | 0.1260 | 0.3067 |
Net employment growth rate | − 0.0363 | 0.1857 | − 0.0263 | 0.2216 |
Short-time work (dummy) | 0.4662 | 0.4998 | 0.5043 | 0.5003 |
No. of establishments | 266 | 926 | ||