Positive Political Economy

Theory and Evidence

Sylvester C W Eijffinger editor Harry P Huizinga editor

Format:Hardback

Publisher:Cambridge University Press

Published:9th Mar '98

Currently unavailable, and unfortunately no date known when it will be back

Positive Political Economy cover

This book investigates how observed differences in institutions affect political and economic outcomes in various social, economic, and political systems. It also examines how the institutions themselves change and develop in response to individual and collective beliefs, preferences, and strategies. This volume tackles both monetary and real topics in an integrated way, and represents the first coherent empirical investigation of positive models of political economy. The various contributions discuss issues of great topicality not just for Europe, but for all developed economies: why do central banks matter? What determines their independence? How do central bank independence and exchange rate regimes affect monetary integration and activism? The volume also discusses the costs of a monetary union, unemployment benefits, and redistributive taxation.

ISBN: 9780521572156

Dimensions: 236mm x 156mm x 26mm

Weight: 625g

316 pages