Institutions as the Ordering Factor and as the Destabilizing Force: New Institutional and Post Keynesian Perspectives

A. Skorobogatov

Voprosy Ekonomiki, 2006, issue 8

Abstract: The paper is dedicated to the New Institutional and Post Keynesian perspectives on institutions and their relation to economic stability. Embeddedness, institutional environment, and institutional arrangements are considered. Within these institutions conventional expectations, the economic policy and forward contracts are analyzed. Upon these perspectives the author shows a contradictory relation between institutions and the order and develops an institutional theory of business cycles.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2006:id:1775

DOI: 10.32609/0042-8736-2006-8-102-118

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