Coalitions and business cycles; the political economy of stagflation
Başlık çevirisi mevcut değil.
- Tez No: 364376
- Danışmanlar: DOÇ. DR. ZİYA ÖNİŞ
- Tez Türü: Yüksek Lisans
- Konular: Ekonomi, Economics
- Anahtar Kelimeler: Belirtilmemiş.
- Yıl: 1989
- Dil: İngilizce
- Üniversite: Boğaziçi Üniversitesi
- Enstitü: Sosyal Bilimler Enstitüsü
- Ana Bilim Dalı: Ekonomi Ana Bilim Dalı
- Bilim Dalı: Belirtilmemiş.
- Sayfa Sayısı: 144
Özet
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Özet (Çeviri)
Institutional rigidities emerging on the path of macroeconomic evolution are investigated with the concept of“distributional coalitions”developed by Mancur Olson as derived from the“logic of collective action”. Economies evolve in the historical long-run toward their coalitional-institutional equilibrium diverging from the competitive equilibrium assumed by equilibrium business cycle theorists. Macroeconomic theories based on“ a priori”notion of equilibrium dismiss the institutional coalition-dense versus coalition-free market structures. A coalitional theory of business cycles based upon the logic of“distributional coalitions”narrows the gap between current macroeconomic theories. It is argued that both the absence of a sound microeconomic foundation for involuntary unemployment in contemporary neo-keynesian disequilibrium macroeconomics and the absence of involuntary unemployment in the“continuous market-clearing”equilibrium framework of new classical macroconomics reflect in essence the different phases of accumulated institutional rigidities caused by“distributional coalitions”. Henceforth, the study underlines the emergence of diverging macroeconomic performances in capitalist economies as a result of accumulated institutional rigidities in history and time. It is argued that“encompassing organizations”play a key role in explaining the more successful absorbtion of external shocks in corporatist economies with respect to other industrialised countries and how the concept of“encompassing organizations”might provide solid foundation lacking in the literature on neo-corporatism. Distributional Coalitions Encompassing Organizations
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