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Book Cover
Book
Author Saint-Paul, Gilles.

Title The political economy of labour market institutions / Gilles Saint-Paul
Published Oxford ; New York : Oxford University Press, 2000

Copies

Location Call no. Vol. Availability
 MELB  331.12 Sai/Peo  AVAILABLE
Description vii, 280 pages : illustrations ; 22 cm
Contents I. The support for labour market regulations -- 1. The no-rent society -- 2. A less perfect world -- 3. Wage rigidity and social cohesion -- 4. Employment protection -- 5. Unemployment benefits -- II. The political economy of labour market reform -- 6. The constituency effect -- 7. The identifiability effect -- 8. Two-tier systems -- 9. Politico-economic complementarities
Summary "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."--BOOK JACKET
Bibliography Includes bibliographical references (pages [269]-275) and index
Subject Comparative economics.
Employment (Economic theory)
Labor economics.
Labor market -- Mathematical models.
Labor supply -- Effect of taxation on -- Mathematical models.
Unemployment -- Costs -- Mathematical models.
Welfare economics.
SUBJECT Europe -- Economic policy. http://id.loc.gov/authorities/subjects/sh2008102589
Europe -- Social policy. http://id.loc.gov/authorities/subjects/sh2008102588
Author Oxford University Press.
LC no. 2001265261
ISBN 0198293321
OTHER TI Oxford scholarship online. http://id.loc.gov/authorities/names/no2006024588
Other Titles Oxford Scholarship Online Economics and Finance