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The Constituency Effect

Gilles Saint‐Paul

in The Political Economy of Labour Market Institutions

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198293323
eISBN:
9780191596841
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198293321.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the constituency effect. By this, it is meant that when a labour market institution is in place, it creates its own political support. This in turn generates status‐quo bias ... More


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