Institutional change in varieties of capitalism

@article{Hall2008InstitutionalCI,
  title={Institutional change in varieties of capitalism},
  author={Peter A. Hall and Kathleen Thelen},
  journal={Socio-economic Review},
  year={2008},
  volume={7},
  pages={7-34}
}
Contemporary approaches to varieties to capitalism are often criticized for neglecting issues of institutional change. This paper develops an approach to institutional change more extended than the one provided in Hall and Soskice (in Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford, Oxford University Press, 2001) but congruent with its varieties-of-capitalism perspective. It begins by outlining an approach to institutional stability, which suggests that… 

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