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Inequality and Institutions

The Case of Economic Coordination

Bibliographic Data

ID6232873
AuthorsPablo Beramendi (0000-0001-9990-0057, Duke University), David Rueda (0000-0002-4981-2224, University of Oxford)
Year2014
Volume17
Issue1
Pages251-271
Publication date2014-05-11
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAnnual Review of Political Science (BOOK_SERIES)
Journal identifiersISSN: 1094-2939 • E-ISSN: 1545-1577
PublisherAnnual Reviews (PUBLISHER • US)
DOI10.1146/annurev-polisci-032211-210535
OpenAlexW2096900829
LanguageEN
Citations received8
References cited66

The understanding of observable associations between institutions and inequality today requires a better grasp of the process driving the selection of economic institutions, in particular wage bargaining centralization agreements, as the outcome of a distributive conflict in which inequality itself plays a prominent role. Low levels of inequality facilitated the adoption of encompassing wage centralization agreements during the early twentieth century in Europe, thereby creating a long-term association between low inequality and high centralization that, for a large subset of cases, remained stable throughout the century. We develop a theoretical argument as to why inequality should lead to lower levels of coordination and test it against competing hypotheses on the basis of a database on 11 OECD nations between the 1910s and the 1950s

Argument (complex analysis · Distributive property · Economic inequality · Economics · Inequality · Labour economics · Microeconomics · Outcome (game theory · Wage · Wage Inequality · Economic Policies and Impacts · Economic Theory and Policy · Social Policy and Reform Studies

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Unique citing works8
Citations per year0,73
Citation span2015 - 2026 (12)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 8

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