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Zur Politischen Ökonomie der Arbeitslosigkeit: Mancur Olson versus Insider-Outsider-Theorie

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  • Belke Ansgar

    (Ruhr-Universität Bochum Fakultät für Wirtschaftswissenschaft c/o Theoretische Volkswirtschaftslehre I GC 3/147, D - 44780 Bochum)

Abstract

In explaining persistently high unemployment, Mancur Olson’s logic of collective action and the insider-outsider approach both focus on simular incentive structures of pressure groups. This contribution examines the astonishingly rarely tested hypothesis that both approaches are compatible to be integrated in a broader and widely acceptable basis for overdue labour market reforms. Moreover, a straightforward political economy of reforms is derived from this synthesis. However, a deeper comparison reveals that both models also share a great weakness. They clearly do not incorporate interests common to insiders and outsiders and self-correcting mechanisms in the wake of steadily growing costs of unemployment.

Suggested Citation

  • Belke Ansgar, 1997. "Zur Politischen Ökonomie der Arbeitslosigkeit: Mancur Olson versus Insider-Outsider-Theorie," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 46(3), pages 243-274, December.
    • Handle: RePEc:lus:zwipol:v:46:y:1997:i:3:p:243-274:n:3
    DOI: 10.1515/zfwp-1997-0303
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    Cited by:

    1. Ansgar Belke & Daniel Gros, 2017. "Greece and the Troika – Lessons from International Best Practice Cases of Successful Price (and Wage) Adjustment," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 14(2), pages 177-195, December.

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