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Contested Economic Institutions - Torben Iversen

englanti
1999-10-21
143,57 € 191,42 €

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Toimitus 17-23 arkipäivässä

30 päivän palautusoikeus

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 ... Täydellinen kuvaus

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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.

Lisätietoja

Kirjoittaja Torben Iversen
Julkaisija Cambridge University Press
Julkaisuvuosi 1999
Kannen tyyppi Kovakantinen
EAN 9780521642262
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Arvostelet: Contested Economic Institutions
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143,57 € 191,42 €