Table 3 Determinants of establishments’ personnel adjustments, including interaction terms of works council with collective bargaining agreements
From: Personnel adjustments during the Covid-19 pandemic: did co-determination make a difference?
Dependent variable | Hiring rate | Dismissal rate | Quit rate | Churning rate | Net employment growth rate | Short-time work (dummy) |
|---|---|---|---|---|---|---|
Works council (dummy) | − 0.0202 (0.0123) | − 0.0197 (0.0074)*** | − 0.0102 (0.0190) | − 0.0296 (0.0189) | 0.0086 (0.0209) | − 0.0230 (0.0619) |
Works council * collective agreement, sectoral level (dummy) | − 0.0519 (0.0257)** | − 0.0125 (0.0113) | − 0.0565 (0.0340)* | − 0.1132 (0.0448)** | 0.0161 (0.0304) | − 0.0123 (0.0755) |
Works council * collective agreement, firm level (dummy) | − 0.0057 (0.0203) | 0.0154 (0.0097) | 0.0275 (0.0353) | − 0.0138 (0.0347) | − 0.0535 (0.0366) | 0.0667 (0.0947) |
Collective agreement, sectoral level (dummy) | 0.0364 (0.0195)* | 0.0092 (0.0099) | 0.0343 (0.0202)* | 0.0918 (0.0347)*** | − 0.0074 (0.0166) | − 0.0179 (0.0330) |
Collective agreement, firm level (dummy) | − 0.0099 (0.0166) | − 0.0200 (0.0076)*** | − 0.0068 (0.0241) | 0.0042 (0.0294) | 0.0200 (0.0249) | n− 0.0776 (0.0641) |
R-squared | 0.1176 | 0.1065 | 0.1206 | 0.1126 | 0.1627 | 0.3305 |
No. of observations | 1192 | 1192 | 1192 | 1192 | 1192 | 1192 |