Approaches To Institutional Quality And Cyclicity Of Macroeconomic Policies

Raluca Irina Clipa (), Ionel Bostan (), Ionut Popescu () and Flavian Clipa ()

Knowledge Horizons - Economics, 2016, vol. 8, issue 3, 50–54

Abstract: Recent developments of economic theory analyzing institutions and the importance of alternative institutional structures on economic performance have created the possibility to consolidate a core of economic research on institutional issues. The integration of institutions into general economic research therefore creates the opportunity to reassess the disciplinary boundaries among social sciences. This study aims to provide a methodological and analytical framework on the relation between institutional quality and macroeconomic policies underlining the importance of institutions in designing, putting into practice and development of macroeconomic policies.

Keywords: Institutional Quality; Effectiveness Of Macroeconomic Policies; Fiscal Policy; Procyclicality (search for similar items in EconPapers)
JEL-codes: E02 E60 O43 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)

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