Corporatism, labor unions and the safety net

摘要: Abstract This paper models corporatism as the attainment of outcomes superior to those when individual parties act alone. idea is developed in context union-government interactions determination wages and unemployment benefits. A central finding that while welfare-improving for actors involved, it yields few clear implications evolution wages, employment, benefits or output. It may, therefore, be unwise employ ‘corporatism indices’ macroeconometric analyses without explicitly accounting bargaining structures, information, especially preferences.