The reform of the welfare state entails changes in interdependent policy fields stretching from social policies to employment and wage policies. These linked policy fields are often governed by varying sets of corporate actors and involve different decision making procedures. Adaptation in one...

Path dependence as a concept in institutional theories has become increasingly popular in economics and other social sciences. The key idea is that in a sequence of events, the latter events are not (completely) independent from those that occurred in the past. Yet, common usage of the concept...

Path dependence as a concept in institutional theories has become increasingly popular in economics and other social sciences. The key idea is that in a sequence of events, the latter events are not (completely) independent from those that occurred in the past. Yet, common usage of the concept...

In den letzten Jahren lassen sich in einigen westeuropäischen Ländern wieder Formen der Konzertierung zwischen Regierungen und Tarifparteien beobachten, in denen die Beteiligten Soziale Pakte schmieden. Das vorliegende Discussion Paper bemüht sich um eine Erklärung des Wiederauflebens von...

The paper examines whether and how the increasing internationalisation of firms impacts on the operation of a co-ordinated market economy. Following the tenets of agency theory it assumes that an emerging market for corporate control changes the monitoring mechanisms that oversee management....

In den letzten Jahren lassen sich in einigen westeuropäischen Ländern wieder Formen der Konzertierung zwischen Regierungen und Tarifparteien beobachten, in denen die Beteiligten Soziale Pakte schmieden. Das vorliegende Discussion Paper bemüht sich um eine Erklärung des Wiederauflebens von...

The paper examines whether and how the increasing internationalisation of firms impacts on the operation of a co-ordinated market economy. Following the tenets of agency theory it assumes that an emerging market for corporate control changes the monitoring mechanisms that oversee management....