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David Soskice

Research Professor Emeritus of the Department of Political Science
Political Science
Box 90204, Durham, NC 27708-0204
208 Gross Hall, Box 90204, Durham, NC 27708

Selected Publications


Rethinking varieties of capitalism and growth theory in the ICT era

Chapter · January 17, 2023 Going beyond the Varieties of Capitalism comparative analysis, a theory of advanced capitalism is developed to explain what has been driving advanced capitalism through the massive creative destruction of the information and communication technologies (ICT ... Full text Cite

Rethinking Varieties of Capitalism and growth theory in the ICT era

Journal Article Review of Keynesian Economics · April 1, 2022 Going beyond the Varieties of Capitalism comparative analysis, a theory of advanced capitalism is developed to explain what has been driving advanced capitalism through the massive creative destruction of the information and communication technologies (ICT ... Full text Cite

Stagnant productivity and low unemployment: Stuck in a Keynesian equilibrium

Journal Article Oxford Review of Economic Policy · January 1, 2018 A major challenge is to build simple intuitive macroeconomic models for policy-makers and professional economists as well as students. A specific contemporary challenge is to account for the prolonged slow growth and stagnant productivity that has followed ... Cite

Understanding the determinants of penal policy: Crime, culture, and comparative political economy

Journal Article Annual Review of Criminology · January 1, 2018 This review sets out four main explanatory paradigms of penal policy—focusing on, in turn, crime, cultural dynamics, economic structures and interests, and institutional differences in the organization of different political economies as the key determinan ... Full text Cite

A structural-institutional explanation of the eurozone crisis

Chapter · January 1, 2018 This chapter presents an argument about the underlying reasons for the persistent economic troubles in the Eurozone based on the two different and divergent growth models in the Eurozone’s member states: the export-oriented, skill-intensive, coordinated mo ... Full text Cite

American exceptionalism in crime, punishment, and disadvantage: Race, federalization, and politicization in the perspective of local autonomy

Chapter · December 21, 2017 This chapter sets a particular thesis focused on the institutional structure of the American political system within the context of a broader literature in the comparative political economy of crime and punishment. It then considers three possible objectio ... Full text Cite

Growth Models, Varieties of Capitalism, and Macroeconomics*

Journal Article Politics and Society · June 1, 2016 Lucio Baccaro and Jonas Pontusson make a significant contribution to comparative political economy with their approach to analyzing growth in advanced economies, which focuses on the demand side of the economy and distributive conflict. In contrast to Bacc ... Full text Cite

Growth Models, Varieties of Capitalism, and Macroeconomics*

Journal Article · June 2016 Lucio Baccaro and Jonas Pontusson make a significant contribution to comparative political economy with their approach to analyzing growth in advanced economies, which focuses on the demand side of the economy and distributive conflict. In contrast to Bacc ... Cite

The Eurozone and Political Economic Institutions

Book · May 11, 2016 This review sets out a recently developed comparative political economy literature on the Eurozone, which has a basis in both varieties of capitalism and modern macroeconomics. It contrasts the export-oriented, northern European, skill-intensive, coordinat ... Full text Cite

Teaching intermediate macroeconomics using the 3-equation model

Chapter · January 1, 2016 Much teaching of intermediate macroeconomics uses the IS-LM-AS or AD-AS approach. This is far removed both from the practice of interest rate setting, inflation-targeting central banks and from the models that are taught in graduate courses. Modern monetar ... Full text Cite

Democratic Limits to Redistribution: Inclusionary versus Exclusionary Coalitions in the Knowledge Economy

Journal Article World Politics · April 1, 2015 The knowledge economy, deindustrialization, and the decline of Fordism have undermined the economic complementarities that once existed between skilled and semiskilled workers. The result has everywhere been a decline in coordinated wage bargaining and uni ... Full text Cite

Informal social networks and Rational Voting

Journal Article British Journal of Political Science · January 1, 2011 Classical rational choice explanations of voting participation are widely thought to have failed. This article argues that the currently dominant Group Mobilization and Ethical Agency approaches have serious shortcomings in explaining individually rational ... Full text Cite

Coevolution of capitalism and political representation: The choice of electoral systems

Journal Article American Political Science Review · May 1, 2010 Protocorporatist West European countries in which economic interests were collectively organized adopted PR in the first quarter of the twentieth century, whereas liberal countries in which economic interests were not collectively organized did not. Politi ... Full text Open Access Cite

Economic interests and the origins of electoral systems

Scholarly Edition · May 25, 2009 The standard explanation for the choice of electoral institutions, building on Rokkan's seminal, is that proportional representation (PR) was adopted by a divided right to defend its class interests against a a rising left. But new evidence shows that PR s ... Cite

Economic interests and the origins of electoral systems

Scholarly Edition · May 25, 2009 The standard explanation for the choice of electoral institutions, building on Rokkan's seminal, is that proportional representation (PR) was adopted by a divided right to defend its class interests against a a rising left. But new evidence shows that PR s ... Cite

Inequality in developed countries and Latin America: Coordinated, liberal and hierarchical systems

Journal Article Economy and Society · February 1, 2009 The first half of this article explains the enduring disparities in inequality and welfare states across advanced economies in terms of varieties of capitalism and political systems. Where capitalism is coordinated, as in much of northern Europe, political ... Full text Cite

German economic performance: Disentangling the role of supply-side reforms, macroeconomic policy and coordinated economy institutions

Journal Article Socio-Economic Review · January 1, 2009 Since unification, the debate about Germany's poor economic performance has focused on supply-side weaknesses, and the associated reform agenda sought to make low-skill labour markets more flexible. We question this diagnosis using three lines of argument. ... Full text Cite

Can High-technology Industries Prosper in Germany? Institutional Frameworks and the Evolution of the German Software and Biotechnology Industries

Scholarly Edition · November 12, 2008 The paper explores the influence of institutional frameworks on the evolution of the German software and biotechnology sectors. It links institutional constraints to poor performance of German firms in high volume market niches characterized by turbulent t ... Cite

Can High-technology Industries Prosper in Germany? Institutional Frameworks and the Evolution of the German Software and Biotechnology Industries

Scholarly Edition · November 12, 2008 The paper explores the influence of institutional frameworks on the evolution of the German software and biotechnology sectors. It links institutional constraints to poor performance of German firms in high volume market niches characterized by turbulent t ... Cite

Economic interests and the origins of electoral systems

Journal Article American Political Science Review · August 1, 2007 The standard explanation for the choice of electoral institutions, building on Rokkan's seminal work, is that proportional representation (PR) was adopted by a divided right to defend its class interests against a rising left. But new evidence shows that P ... Full text Cite

New macroeconomics and political science

Journal Article Annual Review of Political Science · July 14, 2006 We review the use of macroeconomics in political science over the past 40 years. The field has been dominated by new classical theory, which leaves little room for economic policy and focuses attention on what democratic governments can do wrong in the sho ... Full text Cite

Electoral institutions and the politics of coalitions: Why some democracies redistribute more than others

Journal Article American Political Science Review · January 1, 2006 Standard political economy models of redistribution, notably that of Meltzer and Richard (1981), fail to account for the remarkable variance in government redistribution across democracies. We develop a general model of redistribution that explains why som ... Full text Cite

The 3-Equation New Keynesian Model --- A Graphical Exposition

Journal Article The B.E. Journal of Macroeconomics · December 2005 We develop a graphical 3-equation New Keynesian model for macroeconomic analysis to replace the traditional IS-LM-AS model. The new graphical IS-PC-MR model is a simple version of the one commonly used by central banks and captures the forward-looking thin ... Cite

Varieties of capitalism and cross-national gender differences

Journal Article Social Politics · June 1, 2005 Full text Cite

Divorce and the gender division of labor in comparative perspective

Journal Article Social Politics · June 1, 2005 This article shows how cross-national variation in labor market attributes, social policies affecting female employment, and divorce laws affect both female labor force participation and divorce. These in turn lead to a systematic gendered pattern in the p ... Full text Cite

Variet&#224 dei capitalismi: alcuni tratti fondamentali

Journal Article Stato e Mercato · December 2003 Cite

Una risposta degli autori

Journal Article Stato e Mercato · December 2003 Cite

Wage-setting and inflation targets in EMU

Journal Article Oxford Review of Economic Policy · January 1, 2003 Although the operation of national coordinated wage-bargaining systems in EMU has produced low inflation rates, EMU-wide inflation has been above the ECB target rate for the last 3 years. By contrast, under the ERM, inflation rates declined steadily after ... Full text Cite

An asset theory of social policy preferences

Journal Article American Political Science Review · January 1, 2001 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 insurance against the possible future loss of income from ... Full text Cite

The nonneutrality of monetary policy with large price or wage setters

Journal Article Quarterly Journal of Economics · January 1, 2000 Monetary rules matter for the equilibrium rate of employment when the number of price-wage setters is small, even when assuming rational expectations, complete information, central bank precommitment, and absence of nominal rigidities. If the central bank ... Full text Cite

Can high-technology industries prosper in Germany? Institutional frameworks and the evolution of the German software and biotechnology industries

Journal Article Industry and Innovation · January 1, 1999 The paper explores the influence of institutional frameworks on the evolution of the German software and biotechnology sectors. It links institutional constraints to poor performance of German firms in high volume market niches characterized by turbulent t ... Full text Cite

Multiple Wage-Bargaining Systems in the European Single Currency Area

Journal Article Oxford Review of Economic Policy · November 1998 Cite

Shocks to the System: the German Political Economy under Stress

Journal Article National Institute Economic Review · January 1997 Cite

Die Wunderbare Welt der Kapitalismen

Journal Article Die Mitbestimmung · 1997 Cite

German technology policy, innovation, and national institutional frameworks

Journal Article · 1996 The pattern of innovation in Germany is substantially different from that in the US and the UK. It is argued that German patterns of innovation - incremental innovation in high quality products especially in engineering and chemicals - require long-term ca ... Cite

Labour Markets in the European Community in the 1990s

Journal Article Social Europe, special issue · 1994 Cite

Social Skills from Mass Higher Education: Rethinking the Company-based Initial Training Paradigm

Journal Article Oxford Review of Economic Policy · November 1993 Cite

Ambition and Constraint: The Stabilizing Role of Institutions.

Journal Article Journal of Law, Economics and Organization · October 1992 Cite

Vocational Training: An International Perspective

Journal Article Arena · January 1992 Cite

Wage determination: The changing role of institutions in advanced industrialized countries

Journal Article Oxford Review of Economic Policy · December 1, 1990 Full text Cite

Britain's Failure to Train: Explanations and Possible Strategies

Journal Article Oxford Review of Economic Policy · November 1988 Cite

The UK Economy and Industrial Relations, 1979 to 1983

Journal Article Industrial Relations · October 1984 Cite

Theories of Unemployment since the General Theory: Progress or Regress?

Journal Article Industrial Relations · October 1983 Cite

Effects of the Abortion Act

Journal Article British Journal of Hospital Medicine · March 1973 Cite

Money and net wealth [1]: A comment

Journal Article Oxford Economic Papers · January 1, 1972 Full text Cite