Carte Contested Economic Institutions Torben Iversen

Contested Economic Institutions

The Politics of Macroeconomics and Wage Bargaining in Advanced Democracies

Limbă: engleză
Legare: Carte broșată
Disponibilitate: În depozitul extern
Expediem în 9-15 zile
192.94 lei
This book helps explain one of the most intriguing and politically salient puzzles in comparative po...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
1999
Pagini
242
EAN
9780521645324
ISBN
0521645328
Enbook ID
02038974
Greutate
330
Dimensiuni
150 x 226 x 18

Descriere completă

This book helps explain one of the most intriguing and politically salient puzzles in comparative political economy: why some countries have much higher unemployment rates than others. Contrary to new classical economics the focus is on explaining distribution and equilibrium unemployment, and contrary to neo-corporatist theory the role of monetary policy and rational expectation is integral to the analysis. The book makes two central arguments. The first is that monetary policies affect equilibrium employment whenever wages are set above the firm level. The second argument focuses on the distributive effects of different institutions, and models institutional design as a strategic game between partisan governments and cross-class alliances of unions and employers.

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