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The Cost Of Social Pacts

Listed author(s):
  • Nicola Acocella
  • Giovanni Bartolomeo

Social pacts, while improving macroeconomic performance, usually impose costs on unions. To facilitate the formation of such pacts, various substitutes can operate, such as the payment of transfers or, to some extent, the conservativeness of the government, union’s inflation aversion or political partisanship.

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File URL: http://hdl.handle.net/10.1111/boer.2013.65.issue-3
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Article provided by Wiley Blackwell in its journal Bulletin of Economic Research.

Volume (Year): 65 (2013)
Issue (Month): 3 (07)
Pages: 238-255

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Handle: RePEc:bla:buecrs:v:65:y:2013:i:3:p:238-255
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