Corporatism and Economic Performance: A Comparative Analysis of Market EconomiesE. Elgar, 1993 - 218 頁 The industrialized economies of the world have experienced a considerable diversity of economic experience since the shocks of the 1970s. The authors of this major study assess the institutional determinants of economic performance in a comparative analysis of OECD economies. They focus in particular on the role played by corporatist arrangements in such countries as Austria and the Scandinavian states. Corporatism and Economic Performance argues that economists often have a narrow view of the scope and function of corporatism, focusing on the extent to which collective bargaining is centralized, and ignoring the important role of durable, consensual policy making arrangements. The record of the corporatist economies is assessed and considerable evidence is found to show that they have borne the burden of economic adjustment over the last twenty years in a less inegalitarian way than other OECD economies, with lower rates of unemployment and greater economic stability. In an increasingly integrated world economy, the future prospects for corporatism look uncertain, although there is still a strong economic case for corporatist institutions. This book sheds new light on corporatism as a complex and multidimensional entity, examining the rationale, scope, performance and future prospects of corporatist institutions. |
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... real wage elasticity . A more realistic and more commonly adopted representation of the union - firm relationship allows for bargaining over the real wage level . This is known as right - to - manage bargaining ( Nickell and Andrews ...
... real wage , the new bargained equilibrium will entail a rather larger rise in the NAIRU ( see Figure 3.2 , panel B ) . This is because in the area of equilibrium the bargained real wage curve is flatter than in the decentralized case ...
... real wage growth is that rate of real wage growth which is consistent with zero profit share growth assuming actually observed productivity and price changes . Applying the consumer price deflator to obtain real wages and the GDP ...
內容
Tables | 3 |
social insurance 107 143 145 | 14 |
Institutions and Economic Performance | 22 |
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