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Georg Neuschäffer

Georg Neuschäffer
Current Position

since 10/21

Junior Research Affiliate

Halle Institute for Economic Research (IWH) – Member of the Leibniz Association

since 10/16

PhD student

Otto von Guericke University Magdeburg

Research Interests
  • applied econometrics
  • labour economics
  • firm productivity

Georg Neuschäffer joined the institute as a Junior Research Affiliate in October 2021. His research focuses on applied econometrics and labour economics.

Georg Neuschäffer received his bachelor's degree from University of Göttingen and his master's degree from University of Freiburg. He also spent a semester at University of Bologna and he is now a PhD candidate at Otto von Guericke University Magdeburg.

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Georg Neuschäffer
Georg Neuschäffer
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Publications

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Worker Participation in Decision-making, Worker Sorting, and Firm Performance

Steffen Müller Georg Neuschäffer

in: Industrial Relations, No. 4, 2021

Abstract

Worker participation in decision-making is often associated with high-wage and high-productivity firm strategies. Using linked employer–employee data for Germany and worker fixed effects from a two-way fixed-effects model of wages capturing observed and unobserved worker quality, we find that plants with formal worker participation via works councils indeed employ higher quality workers. We show that worker quality is already higher in plants before council introduction and further increases after the introduction. Importantly, we corroborate previous studies by showing positive productivity and profitability effects even after taking into account worker sorting.

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Working Papers

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Organised Labour, Labour Market Imperfections, and Employer Wage Premia

Sabien Dobbelaer Boris Hirsch Steffen Müller Georg Neuschäffer

in: Tinbergen Institute Discussion Paper, No. 81, 2020

Abstract

This paper examines how collective bargaining through unions and workplace co-determination through works councils shape labour market imperfections and how labourmarket imperfections matter for employer wage premia. Based on representative Germanplant data for the years 1999{2016, we document that labour market imperfections arethe norm rather than the exception. Wage mark-downs, that is wages below the marginalrevenue product of labour rooted in employers' monopsony power, are the most prevalentoutcome. We further nd that both types of organised labour are accompanied by asmaller prevalence and intensity of wage mark-downs whereas the opposite holds for wagemark-ups, that is wages above the marginal revenue product of labour rooted in workers'monopoly power. Finally, we document a close link between our production-based labourmarket imperfection measures and employer wage premia. The prevalence and intensityof wage mark-downs are associated with a smaller level and larger dispersion of premiawhereas wage mark-ups are only accompanied by a higher premium level.

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