Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20641
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dc.contributor.authorSchettkat, Ronalden_US
dc.date.accessioned2009-01-28T16:15:37Z-
dc.date.available2009-01-28T16:15:37Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20641-
dc.description.abstractThis paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially employment protection, wage bargaining and work incentives) on the functioning of the labour market both theoretically and empirically. It shows that the impact of welfare state institutions is not as clear-cut as the deregulationists' view suggests. This result may be surprising against the background of the common view that welfare state measurescause European employment problems but it is in line with the outcomes of many other economic studies. The reasons for the ambiguous effects of welfare state institutions are manifold but the most important reason is the complexity of the impacts. There are many side-effects or second-round effects of welfare state institutions which, although often neglected, prove to be very important in the real ?imperfect market? world. Many welfare state institutions only have a clear-cut negative effect against the background of the theoretical perfect market model.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x696en_US
dc.subject.jelP5en_US
dc.subject.jelE2en_US
dc.subject.jelJ0en_US
dc.subject.jelP1en_US
dc.subject.ddc330en_US
dc.subject.keywordwelfare statesen_US
dc.subject.keywordinstitutionsen_US
dc.subject.keywordeconomic performanceen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordemploymenten_US
dc.subject.stwSozialstaaten_US
dc.subject.stwInstitutionalismusen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwKündigungsschutzen_US
dc.subject.stwTarifpolitiken_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwOECD-Staatenen_US
dc.titleInstitutions in the Economic Fitness Landscape: What Impact Do Welfare State Institutions Have on Economic Performance?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn362046255en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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