Corporatism or Competition? : Labour Contracts, Institutions and Wage Structures in International Comparison

Name: Corporatism or Competition?
Brand: Cambridge University Press
SKU: 9780521590730
Price: 20900 KES
Availability: OutOfStock
ISBN: 9780521590730

by Coen Teulings , Joop Hartog

Book Details

Format Hardback

ISBN-10 0521590736

ISBN-13 9780521590730

Publisher Cambridge University Press

Imprint Cambridge University Press

Country of Manufacture GB

Country of Publication GB

Publication Date Sep 17th, 1998

Print length 364 Pages

Weight 705 grams

Dimensions 23.70 x 15.90 x 2.80 cms

Product Classification: Labour / income economics Labour economics

KSh 20,900.00

Currently unavailable 0 in stock

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Teulings and Hartog examine the phenomenon of corporatism from a fresh and innovative perspective. Blending a wide-range of theoretical models with original research material, the authors have a clear and provocative thesis that corporatist institutions have a positive role, enhancing efficiency in the labour market.

The authors present important research showing that corporatist institutions generate smaller non-competitive wage differentials than a decentralized system. A theoretical explanation is developed based on the hold-up problem in investments, arguing that corporatist institutions solve the problem by specifying ex ante nominal contracts that remove the necessity of ex post bargaining over the surplus of an employment relationship. The authors also argue that such institutions allow sufficient flexibility to accommodate aggregate shocks, even more so than decentralized systems. Corporatism or Competition? is the first book to bring together the mass of research on comparative wage differences, wage movements and employment behaviour in different countries with different institutional frameworks, in an organized and coherent fashion.

Get Corporatism or Competition? by Coen Teulings, Joop Hartog at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Cambridge University Press and it has 364 pages.