Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/2426 
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dc.contributor.authorFehn, Raineren
dc.contributor.authorMeier, Carsten-Patricken
dc.date.accessioned2009-01-28T14:14:32Z-
dc.date.available2009-01-28T14:14:32Z-
dc.date.issued2000-
dc.identifier.urihttp://hdl.handle.net/10419/2426-
dc.description.abstractThis paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Two politicoeconomic equilibria arise from our model, one with little protection of insiders on capital and labor markets, and another one with an institutional bias toward favoring insiders on both markets. Coherent and relatively homogeneous societies, where binding commitments enjoy greater feasability, are more likely to be found in the latter, corporatist equilibrium, whereas fragmented, heterogeneous Anglo-Saxon societies fit better into the former category. These predictions of the model receive considerable support in our cross-country empirical analysis, thus being potentially important for the current debates concerning the reforms of labor markets and of corporate governance systems.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x982en
dc.subject.jelK42en
dc.subject.jelK22en
dc.subject.jelG34en
dc.subject.ddc330en
dc.subject.keywordlabor marketsen
dc.subject.keywordcorporate governanceen
dc.subject.keywordpolitical economyen
dc.subject.keywordshareholder protectionen
dc.subject.keywordcorporatismen
dc.subject.stwKorporatismusen
dc.subject.stwPublic Choiceen
dc.subject.stwArbeitsrechten
dc.subject.stwAktienrechten
dc.subject.stwCorporate Governanceen
dc.subject.stwInsider-Outsider-Modellen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwWelten
dc.titleThe positive economics of corporatism and corporate governance-
dc.typeWorking Paperen
dc.identifier.ppn859901831en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:982en
dc.identifier.printppn314117180en

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