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The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process.

Produktbeschreibung
The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process.
Autorenporträt
Gilles Saint-Paul is professor of economics at Universitat Pompeu Fabra, Barcelona, Spain, and a research fellow of CEPR, London, and IZA, Bonn. He earned his Ph.D. at MIT and then worked as a researcher at CERAS and DELTA in Paris before moving to Barcelona. He has been a visiting professor at MIT, UCLA, and CEMFI in Madrid. He has served as a consultant for the IMF, the Spanish Ministry of Labour, the UK Treasury, and the Swedish Parliamentary Committee on labour market policy.