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Politico‐Economic Complementarities

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:
10.1093/0198293321.003.0010
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses politico‐economic complementarities, i.e. the fact that a given institution, when in place, may create political support for another one. If complementarities prevail, reform ... More


The Political Economy of Labour Market Institutions

Gilles Saint-Paul

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198293323
eISBN:
9780191596841
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198293321.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Most economists think that unemployment is high in Europe because of rigid labour market institutions such as minimum wages, unemployment benefits, and employment protection. The book develops a ... More


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