أعرض تسجيلة المادة بشكل مبسط

dc.creator Fehn, Rainer
dc.creator Meier, Carsten-Patrick
dc.date 2000
dc.date.accessioned 2013-10-16T06:02:39Z
dc.date.available 2013-10-16T06:02:39Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2426
dc.identifier ppn:314117180
dc.identifier ppn:314117180
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2426
dc.description This 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.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 982
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject K42
dc.subject K22
dc.subject G34
dc.subject ddc:330
dc.subject corporatism
dc.subject labor markets
dc.subject corporate governance
dc.subject political economy
dc.subject shareholder protection
dc.subject Korporatismus
dc.subject Public Choice
dc.subject Arbeitsrecht
dc.subject Aktienrecht
dc.subject Corporate Governance
dc.subject Insider-Outsider-Modell
dc.subject Schätzung
dc.subject Theorie
dc.subject Welt
dc.title The positive economics of corporatism and corporate governance
dc.type doc-type:workingPaper


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أعرض تسجيلة المادة بشكل مبسط