Alternative Institutional Structures
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Alternative Institutional Structures
This book is the outcome of a workshop at Michigan State University on the career of A. Allan Schmid offering a collection of original essays that explore several approaches to understanding the impact of alternative legal-economic institutions.
Institutional Structure and Labor Market Outcomes
Author: Mr.Robert J. Flanagan
language: en
Publisher: International Monetary Fund
Release Date: 1995-07-01
Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between institutional structure and labor market performance. After considering the suitability of research from market economies for the labor market problems faced by economies in transition from central planning, the paper considers the effects of alternative institutions for wage determination (collective bargaining structures and minimum wage and indexation legislation), employment security, income security, and active labor market policy.
Alternative Institutional Structures
In the spring on 2006, a workshop was held at Michigan State University to honour the career of A. Allan Schmid and his writings about how institutions evolve and how alternative institutions, including property rights, shape political relationships and impact economic performance. This edited book is the outcome of the workshop. It is a collection