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Corporatism or Competition?:Labour Contracts, Institutions and Wage Structures in International Comparison
90折

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

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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.

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優惠價:90 5090
若需訂購本書,請電洽客服 02-25006600[分機130、131]。

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