Work detail

European Social Models and their Efficiency Consequences

Author: PhDr. Eva Karamanová
Year: 2007 - winter
Leaders: † prof. Ing. Michal Mejstřík CSc.
Consultants: doc. Ing. Vladislav Flek CSc.
Work type: Doctoral
Language: Czech
Pages: 93
Awards and prizes:
Link:
Abstract: The thesis pays attention to collective bargaining and generally to social models, as working conditions influence significantly real economies. Labor costs influence firms’ profits, labor flexibility influences firms when deciding about production widening and about investing. First of all, the thesis looks at economic theory concerning industrial relations and how they impact on real economies. Then the thesis analyses four social models employed by European countries. It compares Continental, Anglo-Saxon, Mediterranean and Scandinavian social model. The thesis finds a lot of merits, but also some shortcomings of the models. In such cases, it suggests improvements and tries to predict future development. The thesis rests on economic theory as well as on empirical data. Sometimes it comes to the conclusions, which are against the pure economic theory. It contradicts with the trade-off between wages and unemployment.
From the models’ analyses we seem to get the “winner”: Danish model of flexicurity. The model managed to find the balance between labor flexibility and sufficient income security, which usually oppose to each other. The thesis asks if this “optimal” model can serve as an ideal model for other countries (especially for the Czech Republic). Unfortunately it comes to the conclusion that the model functions well in specific Danish conditions, but would not function in other countries. If the model, as it is, was implemented in other economies, it would lead to significant economic deterioration there.

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