Social protection and the formation of skills: a reinterpretation of the welfare state

@inproceedings{Soskice2001SocialPA,
  title={Social protection and the formation of skills: a reinterpretation of the welfare state},
  author={David Soskice and Margarita Est{\'e}vez-Abe and Torben Iversen},
  year={2001}
}
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… 

Quality of Government, Political Power and the Welfare State

Why have different industrialized capitalist market economies developed such varying systems for social protection and social insurance? The hitherto most successful theory for explaining this is the

National Cultures and Social Protection as Alternative Insurance Devices

In a mobile market economy there is a continuous process of creative destruction and specific investments in human capital can be particularly risky. For this reason market economies are likely to be

Backed by the State: Social Protection and Starting Businesses in Knowledge-Intensive Industries

Our research investigates how state-sponsored social protection is associated with undertaking the initial steps to start businesses in knowledge-intensive sectors. We define social protection as

Specific Skilled Labor and the Demand for Social Insurance

The relationship between specific skills and the welfare state is contested. To help resolve the conflict, we present a general model of preferences over social insurance with endogenous wages and

Globalisation, Skill Formation and the Varieties of Capitalism Approach

This paper is concerned to evaluate the varieties of capitalism approach to global institutional convergence and divergence as represented by the skill formation and welfare state theory of Margarita

Laziness Or Liberation? Labor Market Policies and Workers’ Attitudes Towards Flexibility

This paper examines the relationship between labor market policies (dismissal protection and unemployment benefits) and workers’ willingness to be flexible (e.g., accept lower pay or learn new

Innovation and welfare: the marriage of an unlikely couple

ABSTRACT Studies on innovation and welfare are seemingly unrelated and, currently, scholars of innovation and welfare form distinctive groups. However, recent developments in the fields of business

Employment Protection Legislation and Mismatch: Evidence from a Reform

Liberalization of temporary contracts has been a hallmark of labor market reforms during the last decades. More recently, factors like the sovereign debt crisis pushed the most indebted countries to

Explaining the welfare state: power resources vs. the Quality of Government

The hitherto most successful theory explaining why similar industrialized market economies have developed such varying systems for social protection is the Power Resource Theory (PRT), according to

An Asset Theory of Social Policy Preferences

We present a theory of social policy preferences that emphasizes the composition of people's skills. The key to our argument is that individuals who have made risky investments in skills will demand
...

References

SHOWING 1-10 OF 74 REFERENCES

An Asset Theory of Social Policy Preferences

We present a theory of social policy preferences that emphasizes the composition of people's skills. The key to our argument is that individuals who have made risky investments in skills will demand

Wage-Setting Institutions and Pay Inequality in Advanced Industrial Societies

The distribution of pay differs significantly across countries and over time among advanced industrial societies. In this paper, institutional and political determinants of pay inequality are studied

An Introduction to Varieties of Capitalism

Political economists have always been interested in the differences in economic and political institutions that occur across countries. Some regard these differences as deviations from 'best

Wage Inequality and Varieties of Capitalism

This article draws on a new data set that enables the authors to compare the distribution of income from employment across OECD countries. Specifically, the article conducts a pooled cross-sectional

WELFARE CAPITALISM AND THE SOCIAL SECURITY ACT OF 1935

A central concern of political theorists has been the relationship between the state and the economy, or more specifically, how political power gets translated into economic power. Recent debates

The New Politics of the Welfare State

This essay seeks to lay the foundation for an understanding of welfare state retrenchment. Previous discussions have generally relied, at least implicitly, on a reflexive application of theories

Relational Investing: The Worker's Perspective

Workers who hold a firm's stock make decisions other than those that pure capital owners would make, but there exist institutions and compensation packages that will generally lead workers to favor

Equilibrium Unemployment as a Worker Discipline Device

Involuntary unemployment appears to be a persistent feature of many modern labor markets. The presence of such unemployment raises the question of why wages do not fall to clear labor markets. In

Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education

A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and

Information, incentives, and bargaining in the Japanese economy

This book is not another parable of Japan's economic success; it provides rich and systematic descriptions of Japanese microeconomic institutions and interprets their work in terms familiar to
...