Macroeconomic institutions and development

1. A modified approach to development economics -- 2. The model and empirics -- 3. Fiscal institutions and empirical evidence -- 4. Institutions of monetary policy and the financial sector : theory and evidence

Bibliographic Details
Main Author: Neyapti, Bilin
Format: eBook
Language:English
Published: Cheltenham Edward Elgar c2010
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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520 |a 1. A modified approach to development economics -- 2. The model and empirics -- 3. Fiscal institutions and empirical evidence -- 4. Institutions of monetary policy and the financial sector : theory and evidence 
520 |a The book incorporates the essential elements of institutional theory and highlights the issues pertaining to the measurement of institutional characteristics and the empirical analyses involving such measurement. It provides the theoretical framework of and empirical evidence on fiscal institutions, covering budgetary rules and procedures as well as fiscal decentralization, and reviews the theoretical framework for monetary institutions such as central bank independence, currency boards, monetary unions and inflation targeting in addition to providing empirical evidence on their effectiveness. The role of bank regulation and supervision is also investigated. This path-breaking and original book will prove a fascinating read for a wide-ranging audience including academics, think tanks, international development agencies and policymakers within the fields of development, economics, heterodox economics and money, banking and finance