Name: The Political Economy of Labour Market Institutions (en Inglés)
SKU: 18973787
Price: 462240.00 CLP
Availability: InStock
Author: Gilles Saint-Paul
ISBN: 9780198293323

portada The Political Economy of Labour Market Institutions (en Inglés)

The Political Economy of Labour Market Institutions (en Inglés)

Formato

Libro Físico

Editorial

Oxford University Press

Autor

Gilles Saint-Paul

Año

2000

Idioma

Inglés

N° páginas

288

Encuadernación

Tapa Dura

ISBN

0198293321

ISBN13

9780198293323

N° edición

Categorías

Economía del trabajo y la retribución
Relaciones industriales, salud y seguridad laborales

The Political Economy of Labour Market Institutions (en Inglés)

Gilles Saint-Paul (Autor) · Oxford University Press · Tapa Dura

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Reseña del libro "The Political Economy of Labour Market Institutions (en Inglés)"

According to most orthodox economists, labour market rigidities are the key culprit for such high unemployment as has been observed in Europe during the past three decades. But governments that have attempted to follow the standard prescription of removing rigidities have often faced harsh political opposition. This book looks at why labour market institutions such as employment protection, unemployment benefits, and relative wage rigidities exist, what role they play in society, why they seem so persistent, where the pressure to reform them comes from, and whether reform can be politically viable or not. The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process. It is also shown that, at the same time, such rents create resistance to reform, and contribute to locking society into a high-unemployment, rigid equilibrium. Finally, the basic principles exposed in the book are used to discuss various strategies for a successful labour market reform.