Formal independence of regulatory agencies and varieties of capitalism : a case of institutional complementarity?

@inproceedings{Guardiancich2016FormalIO,
  title={Formal independence of regulatory agencies and varieties of capitalism : a case of institutional complementarity?},
  author={Igor Guardiancich and Mattia Guidi},
  year={2016}
}
  • Igor Guardiancich, Mattia Guidi
  • Published 2016
  • Economics
  • The Varieties of Capitalism literature posits that national economic institutions reflect the mode of coordination of a country's market actors. Despite the importance of this claim and a rich literature on the emergence of regulatory capitalism, few studies test such prediction for Independent Regulatory Agencies (IRAs). This article connects the two fields of research by analysing the impact of economic coordination on the formal independence of IRAs. The results show that, beyond issues of… CONTINUE READING

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