Comparative Institutional Advantage in the European Sovereign Debt Crisis

By A. Johnston, Bob Hancké, S. Pant. 2014

143 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b2ce96162162393152e7f2061853d13409e4bcd6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. P. Hall
2. A. Nölke
3. Torben Iversen
4. D. Soskice
5. Dorothee Bohle
6. D. Hope
7. Stefanie Walter
8. J. Frieden

In Finance

1. P. Hall
2. Dorothee Bohle
3. D. Soskice
4. A. Nölke
5. Stefanie Walter
6. Mark Copelovitch
7. Torben Iversen
8. D. Hope

Citations in the corpus

• European Integration, Capitalist Diversity and Crises Trajectories on Europe’s Eastern Periphery (2018, background): “To date, this debate has mostly focused on the contrasting fates of the thriving northern export-oriented capitalisms and the ailing southern European ones (e.g. Hall 2014, Hassel 2014, Johnston et al. 2014, Iversen et al. 2016, Johnston and Regan 2016).”
• European Monetary Integration and the Incompatibility of National Varieties of Capitalism (2016, unknown): “Hall (2012), Höpner (2013) and Johnston et al. (2014) provide a more nuanced institutional view as to what gave rise to these competitiveness imbalances in the pre-crisis years of the EMU.”
• Economic causes of the Eurozone crisis: the analytical contribution of Comparative Capitalism (2016, background): “…whereas OCA assumes that currency unions can work best with highly flexible labor markets, CC scholarship demonstrates that highly coordinated labour markets fare much better with regard to the challenges of monetary integration in the EMU (Hancké, 2013a, p. 110; Johnston et al., 2013, p. 38).”
• The Eurozone and Political Economic Institutions (2016, background): “Source: IMF 2015 A key driver of the inflation differential between the north and the south was the behavior of wages in the sheltered sector, especially the public sector (Johnston et al. 2014, Johnston & Regan 2014).”
• The Political Economy of the Euro Crisis (2016, background): “Not surprisingly, the larger a country’s current account deficit, the more severely the country got hit by the euro crisis (Johnston et al., 2014; Wihlborg et al., 2010). b) Lack of fiscal policy coordination .”
• Varieties of Capitalism and the Euro Crisis (2014, background): “…as mixedmarket economies where, apart from periodic ‘social pacts’, wage bargaining is difficult to coordinate because trade unions are relatively strong but vie with one another for the allegiance of the workforce and the right to negotiate wage bargains (Hancké 2013; Johnston et al. 2014).”
• Understanding the political economy of the eurozone crisis (2017, background): “At the same time, unit labor costs and real effective exchange rates rose significantly, eroding competitiveness especially vis-à-vis the core economies, where wage bargaining institutions allowed for wage moderation (Johnston et al 2014).”
• Varieties of capitalism in light of the euro crisis (2018, background): “Institutional capacities for the strategic co-ordination of wages are also important here because they give co-ordinated market economies an instrument for containing the labor costs linked to the competitiveness of exports (Hancké 2013a, 2013b; Höpner and Lutter 2014; Johnston et al. 2014).”