Reinterpreting Corporatism and Explaining Unemployment: Co-ordinated and Non-co-ordinated Market Economies

David Soskice

Chapter 7 in Labour Relations and Economic Performance, 1990, pp 170-211 from Palgrave Macmillan

Abstract: Abstract What is the role of institutions in economic performance? Neo-corporatist economists gave a clear answer to one specification of this question: namely the role of institutions in explaining unemployment in advanced industrial societies. They answered that economies with neo-corporatist institutions, in particular with strong, centralised systems of industrial relations, were more likely than other economies to produce low unemployment.

Keywords: Real Wage; Product Innovation; Employment Security; Outcome Game; Flexible Specialisation (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-11562-4_7

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