better off and thus votes for less 'populist' policies. Hence, employment and economic growth will be higher and inflation …In economies with competitive labour markets social policies harm employment and output. In Europe, in particular, non … such as progressive taxation or facilitating corporatism may well induce wage moderation and boost employment and output …

median voter who votes for less 'populist' policies. Hence, employment and economic growth are higher and inflation lower. …In the presence of Walrasian labor markets social policies harm hours worked, employment and output. In non … induce wage moderation and boost employment and output. Although unconditional unemployment benefits destroy jobs …

majority of the population for employment recovery spurred the government to introduce a massive employment program, the Plan … employment generation, with the state participating as employer of last resort, to recover from one of the worst social and …