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Paperback Contested Economic Institutions: The Politics of Macroeconomics and Wage Bargaining in Advanced Democracies Book

ISBN: 0521645328

ISBN13: 9780521645324

Contested Economic Institutions: The Politics of Macroeconomics and Wage Bargaining in Advanced Democracies

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Format: Paperback

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Book Overview

This book helps explain one of the most intriguing and politically salient puzzles in comparative political economy: why some countries have much higher unemployment rates than others. Contrary to new classical economics the focus is on explaining distribution and equilibrium unemployment, and contrary to neo-corporatist theory the role of monetary policy and rational expectation is integral to the analysis. The book makes two central arguments. The...

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