Institutions and Political Party Systems: The Euro Case
This paper argues that institutions and political party systems are simultaneously determined. A large change to the institutional framework, such as the creation of the euro by a group of European countries, will realign -after a transition period- the party system as well. The new political landscape may not be compatible with the institutions that triggered it. To illustrate this point, we study the case of the euro and how the party system has evolved in Southern and Northern European countries in response to it.
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- Jesús Fernández-Villaverde & Luis Garicano & Tano Santos, 2013.
"Political Credit Cycles: The Case of the Eurozone,"
Journal of Economic Perspectives,
American Economic Association, vol. 27(3), pages 145-166, Summer.
- Fernández-Villaverde, Jesús & Garicano, Luis & Santos, Tano, 2013. "Political Credit Cycles: The Case of the Euro Zone," CEPR Discussion Papers 9404, C.E.P.R. Discussion Papers.
- Jesús Fernández-Villaverde & Luis Garicano & Tano J. Santos, 2013. "Political credit cycles: the case of the Euro zone," LSE Research Online Documents on Economics 51255, London School of Economics and Political Science, LSE Library.
- Jesus Fernandez-Villaverde & Luis Garicano & Tano Santos, 2013. "Political Credit Cycles: The Case of the Euro Zone," NBER Working Papers 18899, National Bureau of Economic Research, Inc.
- Felix Roth & Lars Jonung & Felicitas Nowak-Lehmann D., 2016. "Crisis and Public Support for the Euro, 1990–2014," Journal of Common Market Studies, Wiley Blackwell, vol. 54(4), pages 944-960, 07.
- Markus K. Brunnermeier & Harold James & Jean-Pierre Landau, 2016. "The Euro and the Battle of Ideas," Economics Books, Princeton University Press, edition 1, number 10828.
- Brunnermeier, Markus & James, Harold & Landau, Jean-Pierre, 2016. "The Euro and the Battle of Ideas," Annual Conference 2016 (Augsburg): Demographic Change 145852, Verein für Socialpolitik / German Economic Association.
- James, Harold, 2012. "Making the European Monetary Union," Economics Books, Harvard University Press, number 9780674066830, Spring. Full references (including those not matched with items on IDEAS)
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