Książka Contested Economic Institutions Torben Iversen

Contested Economic Institutions

The Politics of Macroeconomics and Wage Bargaining in Advanced Democracies

Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy
Wysyłamy za 9-15 dni
148.85
This book helps explain one of the most intriguing and politically salient puzzles in comparative po...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
1999
strony
242
EAN
9780521645324
ISBN
0521645328
Enbook ID
02038974
Waga
330
Wymiary
150 x 226 x 18

Pełny opis

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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