IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwppe/0508009.html
   My bibliography  Save this paper

Constitutional economics II

Author

Listed:
  • Ludwig van den Hauwe

Abstract

This paper is the sequel to chapter 7 (Constitutional economics) of the 1999 first edition of The Elgar Companion to Law and Economics (ed. J. Backhaus).

Suggested Citation

  • Ludwig van den Hauwe, 2005. "Constitutional economics II," Public Economics 0508009, University Library of Munich, Germany, revised 22 Dec 2005.
  • Handle: RePEc:wpa:wuwppe:0508009
    Note: Type of Document - pdf; pages: 16.
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/pe/papers/0508/0508009.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Larry Merville & Dale Osborne, 1990. "Constitutional democracy and the theory of agency," Constitutional Political Economy, Springer, vol. 1(3), pages 21-47, September.
    2. Barro, Robert J & Gordon, David B, 1983. "A Positive Theory of Monetary Policy in a Natural Rate Model," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
    3. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
    4. Carsten Hefeker, 1995. "Monetary union or currency competition? Currency arrangements for monetary stability in East and West," Constitutional Political Economy, Springer, vol. 6(1), pages 57-69, December.
    5. Terry L. Anderson & Peter J. Hill, 1986. "Constraining the Transfer Society: Constitutional and Moral Dimensions," Cato Journal, Cato Journal, Cato Institute, vol. 6(1), pages 317-345, Spring/Su.
    6. James Buchanan & Dwight Lee, 1991. "Cartels, coalitions, and constitutional politics," Constitutional Political Economy, Springer, vol. 2(2), pages 139-161, March.
    7. Eichengreen, Barry, 1993. "International Monetary Arrangements for the 21st Century," Center for International and Development Economics Research (CIDER) Working Papers 233202, University of California-Berkeley, Department of Economics.
    8. Russell Sobel, 1994. "The League of Nations covenant and the United Nations charter: An analysis of two international constitutions," Constitutional Political Economy, Springer, vol. 5(2), pages 173-192, March.
    9. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753, September.
    10. Buchanan, James M, 1993. "Public Choice after Socialism," Public Choice, Springer, vol. 77(1), pages 67-74, September.
    11. Landes, William M & Posner, Richard A, 1975. "The Independent Judiciary in an Interest-Group Perspective," Journal of Law and Economics, University of Chicago Press, vol. 18(3), pages 875-901, December.
    12. Randall Holcombe, 1991. "Constitutions as constraints: A case study of three american constitutions," Constitutional Political Economy, Springer, vol. 2(3), pages 303-328, September.
    13. James Buchanan, 1990. "The domain of constitutional economics," Constitutional Political Economy, Springer, vol. 1(1), pages 1-18, December.
    14. Backhaus, J.G., 1995. "An economic analysis of constitutional law," Research Memorandum 011, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    15. Gordon Tullock, 1959. "Problems of Majority Voting," Journal of Political Economy, University of Chicago Press, vol. 67(6), pages 571-571.
    16. Donald Boudreaux & A. Pritchard, 1994. "Reassessing the role of the independent judiciary in enforcing interest-group bargains," Constitutional Political Economy, Springer, vol. 5(1), pages 1-21, December.
    17. Richard Wagner, 1988. "The Calculus of consent: A Wicksellian retrospective," Public Choice, Springer, vol. 56(2), pages 153-166, February.
    18. Jack Wiseman, 1990. "Principles of political economy," Constitutional Political Economy, Springer, vol. 1(1), pages 101-124, December.
    19. Anton Lowenberg & Ben Yu, 1992. "Efficient constitution formation and maintenance: The role of “exit”," Constitutional Political Economy, Springer, vol. 3(1), pages 51-72, December.
    20. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Van Den Hauwe Ludwig, 2016. "Understanding Financial Instability: Minsky Versus the Austrians," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 22(1), pages 25-60, July.
    2. Scartascini, Carlos & Stein, Ernesto H. & Tommasi, Mariano, 2008. "Political Institutions, State Capabilities and Public Policy: International Evidence," IDB Publications (Working Papers) 1638, Inter-American Development Bank.
    3. Kumar, Vikas, 2011. "Negotiating constitutions for political unions," International Review of Law and Economics, Elsevier, vol. 31(1), pages 58-76, March.
    4. Ludwig Van Den Hauwe, 2000. "The Case for Supply-Side Economics Revisited: The Effect of Time Preference," European Journal of Law and Economics, Springer, vol. 10(2), pages 139-160, September.
    5. Jamil, Sarah & Neumärker, Bernhard, 2010. "A contribution to the contractual analysis of public-private partnerships," The Constitutional Economics Network Working Papers 04-2010, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    6. van den Hauwe, Ludwig, 2000. "The Drama Revisited," MPRA Paper 8688, University Library of Munich, Germany.
    7. Vanberg, Viktor J., 2005. "Market and state: the perspective of constitutional political economy," Journal of Institutional Economics, Cambridge University Press, vol. 1(1), pages 23-49, June.
    8. Aras, Osman Nuri & Öztürk, Mustafa, 2011. "Constitutional Economics, Fiscal Policy Rules, and The Case of Turkey," MPRA Paper 81856, University Library of Munich, Germany.
    9. Sola Juan Vicente, 2010. "The Constitutional Economy of Dynamism and Inclusion: An Inquiry into the Causes of Argentine Economic Decadence," Capitalism and Society, De Gruyter, vol. 5(3), pages 1-25, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adam Geršl, 2007. "Political Economy of Public Deficit: Perspectives for Constitutional Reform," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 1(1), pages 67-86, March.
    2. Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
    3. Berlemann, Michael & Hilscher, Kai, 2010. "Effective monetary policy conservatism: A comparison of 11 OECD countries," HWWI Research Papers 2-21, Hamburg Institute of International Economics (HWWI).
    4. Fabrice Capoen & Henri Sterdyniak & Pierre Villa, 1994. "Indépendance des banques centrales, politiques monétaire et budgétaire : une approche stratégique," Revue de l'OFCE, Programme National Persée, vol. 50(1), pages 65-102.
    5. Bordo, Michael D., 1986. "Explorations in monetary history: A survey of the literature," Explorations in Economic History, Elsevier, vol. 23(4), pages 339-415, October.
    6. Dmitri Kolyuzhnov & Anna Bogomolova, 2004. "Escape Dynamics: A Continuous Time Approximation," Econometric Society 2004 Latin American Meetings 27, Econometric Society.
    7. Aurélien Goutsmedt, 2021. "From the Stagflation to the Great Inflation: Explaining the US economy of the 1970s," Revue d'économie politique, Dalloz, vol. 131(3), pages 557-582.
    8. Berlemann, Michael & Hielscher, Kai, 2009. "Measuring Effective Monetary Policy Conservatism," Working Paper 89/2009, Helmut Schmidt University, Hamburg.
    9. Donato Masciandaro, 1995. "Designing a central bank: Social player, monetary agent, or banking agent?," Open Economies Review, Springer, vol. 6(4), pages 399-410, October.
    10. Huiping Yuan & Stephen M. Miller & Langnan Chen, 2011. "The Optimality And Controllability Of Monetary Policy Through Delegation With Consistent Targets," Scottish Journal of Political Economy, Scottish Economic Society, vol. 58(1), pages 82-106, February.
    11. Ansgar Belke & Lukas Vogel, 2015. "Monetary commitment and structural reforms: a dynamic panel analysis for transition economies," International Economics and Economic Policy, Springer, vol. 12(3), pages 375-392, September.
    12. Daniel Sutter, 1997. "Enforcing Constitutional Constraints," Constitutional Political Economy, Springer, vol. 8(2), pages 139-150, June.
    13. McCallum, Bennett T., 1999. "Issues in the design of monetary policy rules," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 23, pages 1483-1530, Elsevier.
    14. R. Cellini & L. Lambertini & G. Leitmann, 2004. "Perfect Uncontrollable Differential Games," Working Papers 509, Dipartimento Scienze Economiche, Universita' di Bologna.
    15. Thomas Vallée, 2018. "Comparison of different Stackelberg solutions in a deterministic dynamic pollution control: the time inconsistency problem revisited," Working Papers halshs-01843717, HAL.
    16. Cleomar Gomes da silva & Flavio V. Vieira, 2016. "Monetary policy decision making: the role of ideology, institutions and central bank independence," Economics Bulletin, AccessEcon, vol. 36(4), pages 2051-2062.
    17. Aurélien Goutsmedt, 2016. "The New Classical Explanation of the Stagflation: A Psychological Way of Thinking," Documents de travail du Centre d'Economie de la Sorbonne 16018, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    18. Jensen Christian, 2020. "Discretion rather than rules? Outdated optimal commitment plans versus discretionary policymaking," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-9, January.
    19. Stefania Albanesi, "undated". "The Time Consistency of Optimal Monetary Policy with Heterogeneous Agents," Working Papers 207, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    20. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.

    More about this item

    Keywords

    Law and Economics; Constitutional Economics;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwppe:0508009. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: EconWPA (email available below). General contact details of provider: https://econwpa.ub.uni-muenchen.de .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.