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Low growth and persistently high unemployment in Europe raised the question whether it was the specific features of the European Social Model, which lead to these disappointing results. This paper defines the characteristics of the model, and the differences between submodels applied in...
Persistent link: https://www.econbiz.de/10011435238
Spielart des Kapitalismus eines marktliberalen, wettbewerbsgetriebenen Staatskapitalismus. Zu den Eigentümlichkeiten des … chinesischen Kapitalismus gehören ein dynamischer Staatsdirigismus, eine besondere Form des Wettbewerbs und der privat …-öffentlichen Unternehmensorganisation, eine spezifische Variante des Korporatismus in den Arbeitsbeziehungen sowie eine strikte Regulierung der Geld- und …
Persistent link: https://www.econbiz.de/10010301021
in China in the long run. The paper aims at (i) applying the Varieties-of-Capitalism (VoC) framework to China and … China; (iii) analyzing the impact which the emerging type of capitalism will have on the economy's allocative and dynamic …
Persistent link: https://www.econbiz.de/10010308006
We now know that the (re)discovery of corporatism in the mid-1970s was ironic. At the very moment that academics … to decline during the 1980s. Then, just as many observers had announced its demise, corporatism has risen again and now …
Persistent link: https://www.econbiz.de/10011608328
efficiency benefit of corporatism. For laborers in manufacturing, we find that wage hikes result in productivity gains. Managers …
Persistent link: https://www.econbiz.de/10010262451
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Two politicoeconomic equilibria arise from our model, one with little protection of insiders on capital and labor markets, and another one with...
Persistent link: https://www.econbiz.de/10010265445
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...
Persistent link: https://www.econbiz.de/10010273751
The remarkable success of Sweden over the past 15 years has come after decades of sluggish growth, during which Sweden managed to lose its substantial lead in per-capita income. This substantiates the view that welfare cost and high taxes reduce growth and endanger competitiveness. Since then,...
Persistent link: https://www.econbiz.de/10011435243
This paper revisits the notions of contract and status found in classical sociology, legal theory, and labour law. Adopting an historical perspective, it explores the fragmentation of the status of industrial citizenship during the neoliberal period and discusses the enduring usefulness of the...
Persistent link: https://www.econbiz.de/10012416704
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10010316080