This paper seeks to examine the relationship and the interaction between institutions, policy and the labour market in … of the economy as a nexus of institutions, underlining, therefore, the significant role of institutional and non … institutions and other non-market parameters in determining the level of wages and employment (e.g. the role of the bargaining …

Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in … less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to … development using an example of two different enforcement models: one informal (RES) and one formal (SES). We find that, because …

law, firms, property, etc., are characterised as efficient institutions. It is a flawed approach, because neo … by their effect: defining institutions as constraints, property as property rights, firms as contracts, etc. In doing so …

supporting institutions such as property rights and rule of law. But how do these two aspects of the institutional environment …

The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later … agree about the institutions that matter nor do they explain why similar institutions delivered such different results … across countries. Cultural norms and informal institutions clearly matter but the appropriate norms did not already exist in …

perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive … compare the situation between the Visegrad group countries, a synthetic measure of labour market institutions is calculated. A … synthetic measure of labour market institutions and income inequalities are analysed. The Pearson correlation coefficient and …