The Cost of Social Pacts
Nicola Acocella and
Giovanni Di Bartolomeo ()
MPRA Paper from University Library of Munich, Germany
Social pacts, while improving macroeconomic performance, usually impose costs on unions. To facilitate the formation of such pacts, various substitutes can operate, such as the payment of transfers or, to some extent, the conservativeness of the government, union’s inflation aversion or political partisanship.
Keywords: Social pacts; side payments; conservativeness; partisanship; unions (search for similar items in EconPapers)
JEL-codes: E58 E61 J51 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/3585/1/MPRA_paper_3585.pdf original version (application/pdf)
Journal Article: THE COST OF SOCIAL PACTS (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:3585
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().