| 000 | 01417nam a2200241Ia 4500 | ||
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| 999 |
_c83 _d83 |
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| 003 | DE-boiza | ||
| 005 | 20190919105634.0 | ||
| 008 | 190909 | ||
| 020 | _a0-19-829332-1 | ||
| 040 | _cIZA | ||
| 100 |
_aSaint-Paul, Gilles _9219 |
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| 245 | 4 | _aThe Political Economy of Labour Market Institutions | |
| 260 |
_c2000 _bOxford University Press, _aOxford et al., |
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| 300 | _a280 pages | ||
| 340 | _hJ2 191 | ||
| 520 | _aMost economists think that unemployment is high in Europe because of rigid labour market institutions such as minimum wages, unemployment benefits, and employment protection. The book develops a theory of labour market institutions as the outcome of the political process. A central hypothesis is that they will be chiefly determined by the interests of employed workers with intermediate skill levels. We show that redistributive conflict between these workers and more skilled workers may lead to an outcome where a set of rigid institutions arise. We analyse why reform may be difficult because of statusâquo bias, and discuss how it may nevertheless be implemented by choosing an appropriate design or timing for the reform. | ||
| 650 |
_aArbeitsmarktpolitik _9221 |
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| 653 | _aEconomicPolicy | ||
| 653 | _aPoliticalScience | ||
| 653 | _aPublicPolicy | ||
| 856 |
_uhttps://www.oxfordscholarship.com/view/10.1093/0198293321.001.0001/acprof-9780198293323 _yPublisher's website |
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| 942 |
_cBO _2z |
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