The Political Economy of Labour Market Institutions

Synopsis

This Text Examines Why Labour Market Institutions Such As Employment Protection, Unemployment Benefits, And Relative Wage Rigidies Exist, What Role They Play In Society, Why They Seem So Persistent, And Whether Reform Can Be Politically Viable. I. The Support For Labour Market Regulations -- 1. The No-rent Society -- 2. A Less Perfect World -- 3. Wage Rigidity And Social Cohesion -- 4. Employment Protection -- 5. Unemployment Benefits -- Ii. The Political Economy Of Labour Market Reform -- 6. The Constituency Effect -- 7. The Identifiability Effect -- 8. Two-tier Systems -- 9. Politico-economic Complementarities. Gilles Saint-paul. Includes Bibliographical References (p. [269]-275) And Index.