This chapter critically reviews the literature which explains why and under which
circumstances governments accumulate more debt than it would be consistent with optimal …

▪ Abstract Policy makers in democracies have strong partisan and electoral incentives
regarding the amount, nature, and timing of economic-policy activity. Given these incentives …

A Financial Times Best Book of the Year" A must-read, with key lessons for the future."—
Thomas Piketty A groundbreaking examination of austerity's dark intellectual origins. For …

This article introduces the most comprehensive dataset on de jure central bank
independence (CBI), including yearly data from 182 countries between 1970 and 2012. The …

This paper reports updated measures of transparency and independence for more than 100
central banks. The indices show that there has been steady movement in the direction of …

Studies of convergence in the 1990s found no tendency for poor countries to catch up with
rich ones. If anything, there was divergence: rich countries growing faster than poor …

Institutional theory plays a significant role in contemporary political science. As in the
previous editions, the new fourth edition provides an overview of the major institutional …

Nous nous concentrerons ici sur des économies caractérisées par des niveaux de
développement relativement élevés, parce que ce sont elles que nous connaissons le …

Empirical findings for a panel of around 100 countries from 1960 to 1990 strongly support
the general notion of conditional convergence. For a given starting level of real per capita …

This book represents a considerable revision and expansion of Public Choice II (1989). As
in the previous additions, all of the major topics of public choice are covered. These include …