Reaching for a new deal: ambitious governance, economic meltdown, and polarized politics / Theda Skocpol, Lawrence R. Jacobs -- Hard-fought legacy: Obama, congressional democrats, and the struggle for comprehensive health care reform / Lawrence R. Jacobs, Theda Skocpol -- Eliminating the market...

Fiscal policy is empirically proven in many papers as pro-cyclical in developing countries as a result of longstanding weaknesses in budgetary and political institutions. We investigate the cyclicality of fiscal policy in Egypt and the influence of budgetary and political institutions on fiscal...

The paper examines how rules and institutions as well as the monetary-fiscal coordination setup impact welfare outcomes of a reform during uncertainty shocks. We define uncertainty shocks as sudden events that create ambiguity about future course of economic policies chosen by policy makers as...