Economics at your fingertips  

L’evoluzione dei patti sociali in una prospettiva analitica

The evolution of social pacts: An analytical perspective

Nicola Acocella, Giovanni Di Bartolomeo () and Stefano Papa ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper we revisit the case for corporatist agreements in a model where labor markets are unionized, the government controls the fiscal stance, and an independent central bank sets monetary policy. We can then analyze the scope for a political exchange between public expenditure and wage setting choices, showing that corporatism may generate quite different macroeconomic outcomes from the traditional exchange between wage restraint and high public expenditure. In fact our model can easily encompass both first and second-generation corporatist agreements.

Keywords: Corporatism; trade unions; fiscal policy; monetary conservativeness; policy game (search for similar items in EconPapers)
JEL-codes: J08 H23 J58 H20 H11 J5 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

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 ().

Page updated 2020-01-27
Handle: RePEc:pra:mprapa:4436