Knowledge (XXG)

Calmfors–Driffill hypothesis

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20: 121: 69:, that organised interests are at their most harmful when they do not internalise significant amounts of the costs they impose on society, but become less harmful as their interest becomes encompassing enough to suffer the costs. 162: 191: 42:
in an economy and the level of unemployment. Specifically, it states that the relationship is roughly that of an 'inverted U': as
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Calmfors, Lars; Driffill, John (1988). "Bargaining Structure, Corporatism and Macroeconomic Performance".
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size increases from nil, unemployment increases, and then falls as unions begin to exercise
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that states that there is a direct relationship between the degree of
18: 136: 156: 8: 163: 149: 16:Macroeconomic theory in labour economics 78: 7: 117: 115: 135:. You can help Knowledge (XXG) by 14: 119: 67:The Rise and Decline of Nations 1: 61:The rationale is related to 28:Calmfors–Driffill hypothesis 50:power. It was advanced by 218: 114: 192:1988 in economic history 187:Macroeconomic theories 131:-related article is a 23: 40:collective bargaining 22: 24: 144: 143: 209: 165: 158: 151: 123: 116: 106: 105: 83: 36:labour economics 217: 216: 212: 211: 210: 208: 207: 206: 197:Labor relations 172: 171: 170: 169: 112: 110: 109: 89:Economic Policy 85: 84: 80: 75: 17: 12: 11: 5: 215: 213: 205: 204: 199: 194: 189: 184: 174: 173: 168: 167: 160: 153: 145: 142: 141: 124: 108: 107: 77: 76: 74: 71: 65:'s idea, from 15: 13: 10: 9: 6: 4: 3: 2: 214: 203: 200: 198: 195: 193: 190: 188: 185: 183: 180: 179: 177: 166: 161: 159: 154: 152: 147: 146: 140: 138: 134: 130: 125: 122: 118: 113: 103: 99: 95: 91: 90: 82: 79: 72: 70: 68: 64: 59: 57: 56:John Driffill 53: 52:Lars Calmfors 49: 45: 41: 37: 33: 32:macroeconomic 29: 21: 182:Unemployment 137:expanding it 126: 111: 96:(6): 13–61. 93: 87: 81: 66: 63:Mancur Olson 60: 27: 25: 202:Labor stubs 44:trade union 176:Categories 73:References 34:theory in 48:monopoly 102:1344503 100:  129:labor 127:This 98:JSTOR 30:is a 133:stub 54:and 26:The 178:: 92:. 58:. 164:e 157:t 150:v 139:. 104:. 94:3

Index


macroeconomic
labour economics
collective bargaining
trade union
monopoly
Lars Calmfors
John Driffill
Mancur Olson
Economic Policy
JSTOR
1344503
Stub icon
labor
stub
expanding it
v
t
e
Categories
Unemployment
Macroeconomic theories
1988 in economic history
Labor relations
Labor stubs

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