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Taxation, wage bargaining and unemployment / Isabela Mares.

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Format:
Book
Author/Creator:
Mares, Isabela, author.
Series:
Cambridge studies in comparative politics.
Cambridge studies in comparative politics
Language:
English
Subjects (All):
Manpower policy--Europe.
Manpower policy.
Welfare state--Sweden--History--20th century.
Welfare state.
Wages--Sweden--History--20th century.
Wages.
Labor unions--Sweden--History--20th century.
Labor unions.
Welfare state--Germany--History--20th century.
Wages--Germany--History--20th century.
Labor unions--Germany--History--20th century.
Welfare state--Great Britain--History--20th century.
Wages--Great Britain--History--20th century.
Labor unions--Great Britain--History--20th century.
Europe--Economic policy.
Europe.
Europe--Social policy.
Physical Description:
1 online resource (xviii, 266 pages) : digital, PDF file(s).
Other Title:
Taxation, Wage Bargaining, & Unemployment
Place of Publication:
Cambridge : Cambridge University Press, 2006.
Language Note:
English
Summary:
Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.
Contents:
Introduction: does the welfare state hurt employment?
Developments in European labor markets: two theoretical perspectives
The argument
The organization of the study
The economic and political consequences of welfare state maturation
Labor market institutions and economic performance
Labor market institutions and monetary policy
A theoretical synthesis: labor market institutions, monetary policies and the welfare state
Looking ahead
Appendix
Equilibrium prices and consumption
Derivation of trade unions' optimal wage demands
Proofs of comparative statics results
Centralization of the wage bargaining system: a comparison with the Calmfors-Driffill approach
A quantitative analysis
Testing the model: measurement of the central explanatory variables
The dependent variable: the employment performance of OECD economies
Regression analysis
Conclusions
Sweden: Policy developments in the immediate postwar years
The Rehn-Meidner model
Wage and social policy developments of the 1960s
Strains on the system: interunion rivalry, 1970-1976
Policy developments under conservative governments, 1976-1982
The return of the social democrats, 1982-1990
The double sacrifice: wage and social policy developments of the 1990s
Conclusion
Germany: The wage-social policy nexus during the Adenauer-Erhard period, 1950-1966
Wage bargaining and social policy developments under the Grand coalition, 1966-1969
Wage bargaining and social policy expansion in the Brandt era, 1969-1974
Wage bargaining and social policy developments under the social-liberal coalition, 1974-1982
The consequences of welfare state maturation: wage and social policy developments, 1982-1990
The aftermath of German reunification, 1990-1997
Britain: Wage developments of the postwar years, 1945-1950
Social policy and wage moderation under the conservatives, 1951-1964
The Labor government, 1964-1970
Conservatives again, 1970-1974
The social contract, 1974-1979
The conservative attack on the social wage, 1980-1996
Welfare state and labor market reforms under New Labour
Conclusion: new social pacts in contemporary Europe
The theoretical argument
Implications for the politics of new social pacts.
Notes:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Includes bibliographical references (p. 231-252) and index.
ISBN:
1-139-81045-6
0-511-16085-2
0-511-16158-1
0-511-16028-3
0-511-62568-5
1-299-31886-X
1-107-31564-6
OCLC:
776969706

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