Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2596
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dc.contributor.authorFehn, Raineren_US
dc.contributor.authorMeier, Carsten-Patricken_US
dc.date.accessioned2009-01-28T14:29:47Z-
dc.date.available2009-01-28T14:29:47Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/2596-
dc.description.abstractThis paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on both markets. The more important money is in political decision-making, the more devided the workface is, and the more globalized capital markets are, the more likely is a capitalist politicoeconomic equilibrium with little employment and substantial investor protection. Our prediction of a negative cross-country relationship between labor market rigidities and of competition on capital markets receives considerable empicical support.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunich-
dc.relation.ispartofseries|aCESifo Working Paper |x456en_US
dc.subject.jelG34-
dc.subject.jelK22-
dc.subject.jelK42-
dc.subject.ddc330-
dc.subject.keywordlabor markets
dc.subject.keywordemployment protection
dc.subject.keywordcorporatism
dc.subject.keywordcorporate governance
dc.subject.keywordshareholder protection
dc.subject.keywordpolitical economy
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwKorporatismusen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwArbeitsrechten_US
dc.subject.stwAktienrechten_US
dc.subject.stwCorporate Governanceen_US
dc.subject.stwInsider-Outsider-Modellen_US
dc.subject.stwSchätzungen_US
dc.subject.stwTheorieen_US
dc.subject.stwWelten_US
dc.titleThe positive economics of labor market rigidities and investor protectionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn751418943en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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