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Approaches To Institutional Quality And Cyclicity Of Macroeconomic Policies

Author

Listed:
  • Raluca Irina Clipa
  • Ionel Bostan
  • Ionut Popescu
  • Flavian Clipa

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.

Suggested Citation

  • Raluca Irina Clipa & Ionel Bostan & Ionut Popescu & Flavian Clipa, 2016. "Approaches To Institutional Quality And Cyclicity Of Macroeconomic Policies," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 8(3), pages 50-54, September.
    • Handle: RePEc:khe:journl:v:8:y:2016:i:3:p:50-54
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    References listed on IDEAS

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    Cited by:

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    2. ARTENE, Alin, 2018. "Focusing economic research on the issues of sustainability and environmental protection," SocArXiv jc6f5, Center for Open Science.

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    More about this item

    Keywords

    Institutional Quality; Effectiveness Of Macroeconomic Policies; Fiscal Policy; Procyclicality;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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