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Unemployment and Institutional Complementarities: The Case for Fundamental Reform within the OECD |
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Abstract:
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In this paper we examine how institutional complementarities affect the levels of unemployment in OECD countries. Building on institutionalism in political science and the study of labor market institutions in macroeconomics, we argue that a new political economy approach to unemployment must examine how political, social, and macroeconomic institutions condition the effects labor market institutions have on unemployment. We examine the institutional complementarities in an expanded data set of OECD countries from 1960-1999, and then extend our study by applying quantile analysis to the study of unemployment. Our results suggest caution in following OECD’s recommendations for reform, and instead we argue for a more fundemantal approach that embeds the puzzle of unemployment in deeper institutional problems of political economy in OECD countries. |
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0 (255), 1 (251), 2 (220), institut (209), 4 (195), o (181), 3 (164), 5 (152), 7 (145), 8 (136), 6 (131), 9 (128), unemploy (112), polit (87), oo (72), labor (70), e (65), market (57), n (51), effect (46), d (46), |
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Association:
Name: American Political Science Association
URL: http://www.apsanet.org
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Citation:
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MLA Citation:
| Harding, Matthew. and Alexander, Marcus. "Unemployment and Institutional Complementarities: The Case for Fundamental Reform within the OECD" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL, Sep 02, 2004 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p59368_index.html> |
APA Citation:
| Harding, M. C. and Alexander, M. , 2004-09-02 "Unemployment and Institutional Complementarities: The Case for Fundamental Reform within the OECD" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p59368_index.html |
Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: In this paper we examine how institutional complementarities affect the levels of unemployment in OECD countries. Building on institutionalism in political science and the study of labor market institutions in macroeconomics, we argue that a new political economy approach to unemployment must examine how political, social, and macroeconomic institutions condition the effects labor market institutions have on unemployment. We examine the institutional complementarities in an expanded data set of OECD countries from 1960-1999, and then extend our study by applying quantile analysis to the study of unemployment. Our results suggest caution in following OECD’s recommendations for reform, and instead we argue for a more fundemantal approach that embeds the puzzle of unemployment in deeper institutional problems of political economy in OECD countries. |
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| Unemployment and Institutional Complementarities: The Case for Fundamental Reform within the OECD Matthew C. Harding Marcus Alexander Department of Economics Department of Government MIT Harvard University Paper presented at the Annual Meeting of the American Political Science Association Chicago Sept. 2-5 2004. A b s t r a ct In this pap er we examine how institutional complementarities affect the levels of unem- ployment in OECD countries. Building on institutionalism in p olitical science and the study of lab |
| D.C. Weber M. (2002): The Protestant Ethic and the Spirit of Capitalism and Other Writings. Pen- guin New York. Weingast B. (1997): "The Economic Role of Political Institutions " Journal of Law Economics and Organization pp. 1--31. Weir M. (1992): "The Establishment of Work°welfare Programs in the United States and Britain: U Politics Ideas and Institutions " in Structuring Politics: Historical Institutionalism in Compar- ative Analysis ed. by S. Steinmo K. T. Thelen and F. Longstreth pp. 188--216. Cambridge |
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