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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... wage responsiveness . The latter is drawn from the evidence of estimated wage equations for a limited number of ... flexibility in each country in turn , in order to assess its impact on the rise in unemployment . Some of these have attempted ...
... wage claims and inflation at any point in time is weak . Within Europe wages exhibit rather less nominal rigidity . Table 3.5 summarizes average nominal wage flexibility estimates Corporatism , Labour Market Institutions and Unemployment ...
... wage flexibility measures the extent to which unemployment will rise following a given rise in real wages , holding price inflation constant ( and thus requires the additional estimation of a pricing equation alongside equation ( 3.6 ) ...
內容
Tables | 3 |
social insurance 107 143 145 | 14 |
Institutions and Economic Performance | 22 |
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