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Beyond the Usual Suspects: Rethinking the Mechanisms of Paradigm Shifts in Macroeconomic Policy

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  • Ban Cornel

    (Boston University)

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    Abstract

    Economists and political economists emphasize the importance of exogenous shocks, international economic competition, policy conditionality and partisan politics as the main drivers of literature on economic policy change. This paper evaluates the explanatory robustness of these factors and stresses the importance of incorporating economic ideas as a fruitful new direction in research on this topic.

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    Bibliographic Info

    Article provided by Romanian Society for Economic Science, Revista OEconomica in its journal Revista OEconomica 01/2013.

    Volume (Year): (2013)
    Issue (Month): 01 (March)
    Pages:

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    Handle: RePEc:oen:econom:y:2013:i:01:id:350

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    Web page: http://oeconomica.org.ro/
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    Related research

    Keywords: exogenous shocks; international economic competition; policy conditionality; partisan politics;

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