We examine the evolution of decentralized clearinghouse mechanisms from the 13th to the 18th century; in particular, we explore the clearing of non- or limitedtradable debts like bills of exchange. We construct a theoretical model of these clearinghouse mechanisms, similar to the models in the...

Der Klimawandel mit seinen Folgen für das Erdsystem lässt sich nur mit einer globalen Rechtsarchitektur bewältigen. Diese integriert eine Vielfalt von Steuerungsarrangements von lokaler und transnationaler Selbstregulierung in Gesellschaft und Wirtschaft über innerstaatliches Recht und...

In this paper we carry out a meta evaluation of the international evaluation literature regarding active labour market policies (ALMPs). Many attempts have been made to estimate the net impact of reintegration measures on the individual job entry chance. So, the question is what conclusions can...

This is a paper based on the annual lecture in honour of Hugo Sinzheimer at November 10, 2005, Hugo-Sinzheimer-Institute at the University of Amsterdam. In 1928, Sinzheimer wrote an article entitled 'Die Demokratisierung des Arbeitsverhältnisses,' (The Democratisation of the Employment...

In der Auseinandersetzung mit der Globalisierung von Wirtschaftsprozessen kann sich die sozialwissenschaftliche Institutionentheorie nicht mehr auf die Untersuchung nationaler Konfigurationen beschränken, sondern sollte der transnationalen Rekombination institutioneller Arrangements mehr...

In the debate on globalization it is often argued that multinational corporations (MNCs) have gained increasing power due to their growth and due to new global or transnational structures and strategies. This paper presents empirical evidence - especially from various national statistics ignored...

This paper discusses various ways of measuring corporate internationalisation. The concepts considered here became of crucial importance in the recent debate on globalisation, since many scholars link globalisation to a quantitative increase in the international activities of firms. However,...

Full employment was the centrepiece of the economic policy of social democracy in the post-war period. Whilst the role of Keynesianism in policy making may be exaggerated, it offered the prospect of maintaining full employment without any section of society having to pay. Problems with the...

This paper develops a theoretical analysis of training regimes as outcomes of a complementarity between organizational and institutional factors that determine firms' and workers' incentives as regards skills. Specifically, the paper proposes that, on the one hand, knowledge embeddedness within...