Social Protection and the Formation of Skills : A Reinterpretation of the Welfare State

  title={Social Protection and the Formation of Skills : A Reinterpretation of the Welfare State},
  author={Margarita Estevez-Abe and Torben Iversen and David Soskice},
This paper outlines a new approach to the study of the welfare state. Contrary to the emphasis on “decommmodification” in the current literature, we argue that important dimensions of the welfare state – employment protection, unemployment protection, and wage protection – are designed to make workers more willing to invest in firmand industry-specific skills that increase their dependence on particular employers and their vulnerability to market fluctuations. Workers will only make such risky… CONTINUE READING
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