Kniha Contested Economic Institutions Torben Iversen

Contested Economic Institutions

The Politics of Macroeconomics and Wage Bargaining in Advanced Democracies

Jazyk: Angličtina
Väzba: Pevná
Dostupnosť: Skladom u dodávateľa
Odosielame za 9-15 dní
93.13
This book helps explain one of the most intriguing and politically salient puzzles in comparative po...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Pevná
Vydalo
1999
Stránok
238
EAN
9780521642262
ISBN
0521642264
Enbook ID
02038833
Hmotnosť
455
Rozmery
159 x 236 x 21

Kompletný popis

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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