Coordinated Market Economy
MPIfG Discussion Paper 04/5
Varieties of Capitalism and Institutional Complementarities in the Macroeconomy An Empirical Analysis Peter A. Hall and Daniel W. Gingerich
Peter A. Hall is Krupp Foundation Professor of European Studies and the Director of the Minda de Gunzburg Center for European Studies at Harvard University. Daniel W. Gingerich is a Graduate Associate of the Weatherhead Center for International Affairs and a Ph. D. candidate in the Department of Government at Harvard University. Peter A. Hall phall@fas.harvard.edu Daniel W. Gingerich gingeric@fas.harvard.edu
Peter A. Hall and Daniel W. Gingerich Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis
MPIfG Discussion Paper 04 / 5 Max-Planck-Institut für Gesellschaftsforschung Köln Max Planck Institute for the Study of Societies Cologne September 2004
© 2004 by the author(s) MPIfG Discussion Paper | ISSN 0944-2073
MPIfG Discussion Papers are refereed scholarly papers of the kind that are publishable in a peer-reviewed disciplinary journal. Their objective is to contribute to the cumulative improvement of theoretical knowledge. The papers can be ordered from the institute for a small fee (hard copies) or downloaded free of charge (PDF).
Downloads http://www.mpifg.de Go to Publications / Discussion Papers
Max-Planck-Institut für Gesellschaftsforschung Max Planck Institute for the Study of Societies Paulstr. 3 | 50676 Cologne | Germany Tel. +49 (0) 221 2767-0 Fax +49 (0) 221 2767-555 www.mpifg.de info@mpifg.de
Abstract
Using aggregate analysis, this paper examines the core contentions of the “varieties of capitalism” perspective on comparative capitalism. We construct a coordination index to assess whether the institutional features of liberal and coordinated market economies conform to the predictions of the theory. We test the contention that institutional complementarities occur across sub-spheres of the macroeconomy by
Varieties of Capitalism and Institutional Complementarities in the Macroeconomy An Empirical Analysis Peter A. Hall and Daniel W. Gingerich
Peter A. Hall is Krupp Foundation Professor of European Studies and the Director of the Minda de Gunzburg Center for European Studies at Harvard University. Daniel W. Gingerich is a Graduate Associate of the Weatherhead Center for International Affairs and a Ph. D. candidate in the Department of Government at Harvard University. Peter A. Hall phall@fas.harvard.edu Daniel W. Gingerich gingeric@fas.harvard.edu
Peter A. Hall and Daniel W. Gingerich Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis
MPIfG Discussion Paper 04 / 5 Max-Planck-Institut für Gesellschaftsforschung Köln Max Planck Institute for the Study of Societies Cologne September 2004
© 2004 by the author(s) MPIfG Discussion Paper | ISSN 0944-2073
MPIfG Discussion Papers are refereed scholarly papers of the kind that are publishable in a peer-reviewed disciplinary journal. Their objective is to contribute to the cumulative improvement of theoretical knowledge. The papers can be ordered from the institute for a small fee (hard copies) or downloaded free of charge (PDF).
Downloads http://www.mpifg.de Go to Publications / Discussion Papers
Max-Planck-Institut für Gesellschaftsforschung Max Planck Institute for the Study of Societies Paulstr. 3 | 50676 Cologne | Germany Tel. +49 (0) 221 2767-0 Fax +49 (0) 221 2767-555 www.mpifg.de info@mpifg.de
Abstract
Using aggregate analysis, this paper examines the core contentions of the “varieties of capitalism” perspective on comparative capitalism. We construct a coordination index to assess whether the institutional features of liberal and coordinated market economies conform to the predictions of the theory. We test the contention that institutional complementarities occur across sub-spheres of the macroeconomy by