This paper examines the relationship among economic context, political institutions, and the political dynamics of adjustment within national models of capitalism through an analysis of recent labor-market reform in France and Germany. It argues that a climate of economic austerity since the...

Intergovernmental Bargaining and Economic Policy in Federations --From Market-Preserving to Market-Distorting Federalism: Divergent Incentives and Economic Reform in Developing Nations --Federalism and the Decentralized Politics of Macroeconomic Policy and Performance --Testing the Model:...