Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2596
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dc.creatorFehn, Rainer-
dc.creatorMeier, Carsten-Patrick-
dc.date2001-
dc.date.accessioned2013-10-16T06:20:08Z-
dc.date.available2013-10-16T06:20:08Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/2596-
dc.identifierppn:751418943-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/2596-
dc.descriptionThis 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.-
dc.languageeng-
dc.publisherCESifo GmbH München-
dc.relationCESifo working paper series 456-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectG34-
dc.subjectK22-
dc.subjectK42-
dc.subjectddc:330-
dc.subjectlabor markets-
dc.subjectemployment protection-
dc.subjectcorporatism-
dc.subjectcorporate governance-
dc.subjectshareholder protection-
dc.subjectpolitical economy-
dc.subjectArbeitsmarktflexibilisierung-
dc.subjectKorporatismus-
dc.subjectPublic Choice-
dc.subjectArbeitsrecht-
dc.subjectAktienrecht-
dc.subjectCorporate Governance-
dc.subjectInsider-Outsider-Modell-
dc.subjectSchätzung-
dc.subjectTheorie-
dc.subjectWelt-
dc.titleThe positive economics of labor market rigidities and investor protection-
dc.typedoc-type:workingPaper-
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