Sturn, Simon (2014) How do corporatist and liberal labour markets differ, and what does it mean for economic policy? Der öffentliche Sektor - The Public Sector, 40 (3-4). pp. 47-53. ISSN 2412-3862
![]()
|
PDF
Sturn_2014_OeS_How-do-corporatist.pdf Available under License Creative Commons: Attribution-NonCommercial 4.0 International (CC BY-NC 4.0). Download (576kB) |
Abstract
How do labour market institutions affect unemployment? Whereas some empirical studies find that mainly such institutions explain unemployment, others argue that this correlation is not robust. By means of a survey of the literature I provide evidence that one explanation for these contradictory results is that labour market institutions affect unemployment differently within distinct labour market regimes. Because of institutional complementarities and a trade-off between external and internal flexibility, certain labour market institutions yield distinct impacts on unemployment within labour markets characterized by a high degree of corporatism, good labour relations, and high internal flexibility. Thus it is crucial for policymakers to take institutional complementarities into account when reforming the labour market.
Item Type: | Article |
---|---|
Additional Information: | This article expands on the literature survey in: Sturn, S. (2013). Are corporatist labour markets different? Labour market regimes and unemployment in OECD countries. International Labour Review, 152(2), 237-254. Für Laudatio zur Verleihung des Egon-Matzner-Preises 2014 an Simon Sturn siehe Der öffentliche Sektor Jg. 40 (2014), H. 3/4, S. 45-46. |
Divisions: | Departments > Sozioökonomie |
Version of the Document: | Published |
Variance from Published Version: | None |
Depositing User: | Elena Simukovic |
Date Deposited: | 19 Dec 2016 15:05 |
Last Modified: | 17 Jul 2020 15:09 |
Related URLs: | |
URI: | https://epub.wu.ac.at/id/eprint/5349 |
Actions
![]() |
View Item |
Downloads
Downloads per month over past year