Page 1. THE QUARTERLY JOURNAL OF ECONOMICS Vol. CXIV Issue 1 February 1999 SOCIAL NORMS AND ECONO... more Page 1. THE QUARTERLY JOURNAL OF ECONOMICS Vol. CXIV Issue 1 February 1999 SOCIAL NORMS AND ECONOMIC INCENTIVES IN THE WELFARE STATE* ASSAR LINDBECK STEN NYBERG JO¨RGEN W. WEIBULL ...
This paper focuses on the interaction of monetary policy and wage formation in economies with str... more This paper focuses on the interaction of monetary policy and wage formation in economies with strong labor unions. Government and unions are viewed as endogenous utility maximizers and the macroeconomic consequences of their strategic interaction are explored with the aid of some elements of simple game theory. Specifically, it is shown (a) how labor unions adjust wages to prices so
International Affairs (Royal Institute of International Affairs 1944-), 1995
The authors identify the deficiencies of Sweden's economic and political institu... more The authors identify the deficiencies of Sweden's economic and political institutions, and suggest remedies that cut across virtually all aspects of economic and political life: product and factor markets, the system of wage formation, the public sector, and central and local ...
We analyze economic rationales for, and possible alternatives to, the Stability and Growth Pact (... more We analyze economic rationales for, and possible alternatives to, the Stability and Growth Pact (SGP). We identify various cross-country spillover effects and domestic policy failures as potential rationales. The two sets of problems suggest different corrective measures, and different measures than those applied in the context of SGP. We contrast the "legalistic" perspective adopted in the Pact with a more
The Insider-Outsider Theory of Employment and Unemployment. Author info | Abstract | Publisher in... more The Insider-Outsider Theory of Employment and Unemployment. Author info | Abstract | Publisher info | Download info | Related research | Statistics. Author Info. ... Abstract. This book provides an accessible, balanced account of the insider-outsider theory of labor market activity. ...
Journal of The European Economic Association, 2003
The paper analyses the interaction between economic incentives and work norms in the context of s... more The paper analyses the interaction between economic incentives and work norms in the context of social insurance. If the work norm is endogenous in the sense that it is weaker when the population share of beneficiaries is higher, then voters will choose less generous bene.ts than otherwise. We also discuss welfare-state dynamics when there is a time lag in the
Page 1. THE QUARTERLY JOURNAL OF ECONOMICS Vol. CXIV Issue 1 February 1999 SOCIAL NORMS AND ECONO... more Page 1. THE QUARTERLY JOURNAL OF ECONOMICS Vol. CXIV Issue 1 February 1999 SOCIAL NORMS AND ECONOMIC INCENTIVES IN THE WELFARE STATE* ASSAR LINDBECK STEN NYBERG JO¨RGEN W. WEIBULL ...
This paper focuses on the interaction of monetary policy and wage formation in economies with str... more This paper focuses on the interaction of monetary policy and wage formation in economies with strong labor unions. Government and unions are viewed as endogenous utility maximizers and the macroeconomic consequences of their strategic interaction are explored with the aid of some elements of simple game theory. Specifically, it is shown (a) how labor unions adjust wages to prices so
International Affairs (Royal Institute of International Affairs 1944-), 1995
The authors identify the deficiencies of Sweden's economic and political institu... more The authors identify the deficiencies of Sweden's economic and political institutions, and suggest remedies that cut across virtually all aspects of economic and political life: product and factor markets, the system of wage formation, the public sector, and central and local ...
We analyze economic rationales for, and possible alternatives to, the Stability and Growth Pact (... more We analyze economic rationales for, and possible alternatives to, the Stability and Growth Pact (SGP). We identify various cross-country spillover effects and domestic policy failures as potential rationales. The two sets of problems suggest different corrective measures, and different measures than those applied in the context of SGP. We contrast the "legalistic" perspective adopted in the Pact with a more
The Insider-Outsider Theory of Employment and Unemployment. Author info | Abstract | Publisher in... more The Insider-Outsider Theory of Employment and Unemployment. Author info | Abstract | Publisher info | Download info | Related research | Statistics. Author Info. ... Abstract. This book provides an accessible, balanced account of the insider-outsider theory of labor market activity. ...
Journal of The European Economic Association, 2003
The paper analyses the interaction between economic incentives and work norms in the context of s... more The paper analyses the interaction between economic incentives and work norms in the context of social insurance. If the work norm is endogenous in the sense that it is weaker when the population share of beneficiaries is higher, then voters will choose less generous bene.ts than otherwise. We also discuss welfare-state dynamics when there is a time lag in the
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