Showing 1 - 10 of 43
trace the process of evolution in the understanding of the notion of institution, from its spontaneous mentions and … pragmatic use of the so-called pre-institutional era to the desire to understand and to define the essence of the institution in … term “institution” was understood at the three initial historical period of its usage. For this purpose, the first part of …
Persistent link: https://www.econbiz.de/10011274656
The aspects of institutions’ influence on economic growth and the priorities of their development are studied in the article. Two complementary analytical techniques are suggested. The first one, based on the discrete institutional alternatives method, is aimed at the "institutional design"...
Persistent link: https://www.econbiz.de/10010860843
The paper considers the problem of improving the quality of taxation institution in Russia using institutional economic … theory research tools. The taxation institution analysis reveals the institutional trap in its structure which distorts …
Persistent link: https://www.econbiz.de/10010663957
The mechanism of euro functioning is analyzed in the article from the standpoint of limiting the autonomy of monetary authorities of the European monetary union members, which precludes them from manipulating national currency for the short sighted political interests and postponing painful...
Persistent link: https://www.econbiz.de/10010663964
Schumpeter’s growth theory (based on innovations, entrepreneurs, long waves and “creative destruction”) seems to be most adequate to discuss principles of the Knowledge Based Economy. In the paper, the author discussed the assumptions of Schumpeter’s theory in three subsections: “Long...
Persistent link: https://www.econbiz.de/10010875564
The paper shows the role played by the concept of parallel money in understanding the evolution of the monetary circulation in Russia in the 19th and the beginning of the 20th century. As evidenced by historical investigations, the experience of parallel money circulation is both theoretically...
Persistent link: https://www.econbiz.de/10011007676
The article examines the scientific legacy of the Nobel Prize-winning economist James Buchanan (1919—2013). The focus is on the evolution of his views on constitutional political economy. The article shows the displacement of Buchanan’s preferences from the expansion of inclusiveness of...
Persistent link: https://www.econbiz.de/10011007732
This paper is the first attempt at quantitative and qualitative analysis of the Soviet literature on general equilibrium theory in 1960—1990s. We divide the papers into four subgroups: von Neumann—Gale class of models and equilibrium growth; Arrow—Debreu class of models; disequilibrium...
Persistent link: https://www.econbiz.de/10011007739
Schumpeter’s growth theory (based on innovations, entrepreneurs, long waves and “creative destruction”) seems to be most adequate to discuss principles of the Knowledge Based Economy. In the paper, the author discussed the assumptions of Schumpeter’s theory in three subsections: “Long...
Persistent link: https://www.econbiz.de/10011274703
The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory. The theory is based on minimization of...
Persistent link: https://www.econbiz.de/10010860817