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EnglishWe investigate the empirical determinants of social pacts over the 1970-2004 period. We adopt a political economy approach, showing that governments are more likely to sign a pact when the cost of a conflict with trade unions is relatively larger. Such a cost depends on macroeconomic variables and on measures of social conflict and union strength. These findings are remarkably stable across sub-periods, in apparent contrast with previous contributions that emphasised differences between first- and second-generation pacts. Our interpretation is that pacts were different across periods because the policy issues changed, but the incentives to seek union consensus did not. © 2013 Association for Comparative Economic Studies.
Colombo, E., Tirelli, P., Visser, J., Reinterpreting social pacts: Theory and evidence, <<JOURNAL OF COMPARATIVE ECONOMICS>>, 2014; 42 (2): 358-374. [doi:10.1016/j.jce.2013.05.008] [http://hdl.handle.net/10807/100217]
| Autori: | |
| Titolo: | Reinterpreting social pacts: Theory and evidence |
| Digital Object Identifier (DOI): | http://dx.doi.org/10.1016/j.jce.2013.05.008 |
| URL: | http://www.elsevier.com/inca/publications/store/6/2/2/8/6/4/index.htt |
| Data di pubblicazione: | 2014 |
| Abstract: | We investigate the empirical determinants of social pacts over the 1970-2004 period. We adopt a political economy approach, showing that governments are more likely to sign a pact when the cost of a conflict with trade unions is relatively larger. Such a cost depends on macroeconomic variables and on measures of social conflict and union strength. These findings are remarkably stable across sub-periods, in apparent contrast with previous contributions that emphasised differences between first- and second-generation pacts. Our interpretation is that pacts were different across periods because the policy issues changed, but the incentives to seek union consensus did not. © 2013 Association for Comparative Economic Studies. |
| Lingua: | Inglese |
| Rivista: | |
| Citazione: | Colombo, E., Tirelli, P., Visser, J., Reinterpreting social pacts: Theory and evidence, <<JOURNAL OF COMPARATIVE ECONOMICS>>, 2014; 42 (2): 358-374. [doi:10.1016/j.jce.2013.05.008] [http://hdl.handle.net/10807/100217] |
| Appare nelle tipologie: | Articolo in rivista, Nota a sentenza |
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