This paper investigates the effects of cooperation (corporatism) on macroeconomic performance by considering a rather … the Nash product solution. We find that it is difficult to implement corporatism, although it generally increases social …

investigate the effects of corporatism on macroeconomic performance vis-à-vis different kinds of non-co-operative equilibria …. Afterwards, we introduce in the literature the issue of the feasibility of corporatism, i.e., whether and under what conditions … difficult to implement corporatism, although it generally increases social welfare, since it often reduces the union’s utility …

institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …