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Most of the literature on monetary policy delegation assumes that the government can credibly commit to the delegation contract, an assumption criticized by McCallum. This paper provides foundations for the assumption that renegotiating a delegation contract can be costly by illustrating how...
Persistent link: https://www.econbiz.de/10005649136
constitution designed to protect citizens against governmental power. However, there is little agreement on, or analysis of, the …
Persistent link: https://www.econbiz.de/10010777760
The process of revision the Romanian Constitution is initiated by the President of Romania on the proposal of the … Constitution responds exclusively to the need to modernize the Romanian society, as it is a new Member State of the European Union … Constitution. The revision of any constitution at a given time responds to the needs of development of the society itself. Unlike …
Persistent link: https://www.econbiz.de/10010586103
Aleksey Mayorov, D.Sc. in Pedagogy, Deputy Prorector of the National Research University - Higher School of Economics, Moscow, Russian Federation. Email: anmayorov@hse.ru The author uses the fundamental management theory to analyze how the model of separation of powers is realized in education,...
Persistent link: https://www.econbiz.de/10010894357
young people and the lowskilled. Thirdly, more freedom in foreign trade and payments is likely to improve the employment …
Persistent link: https://www.econbiz.de/10010732113
The aim of this paper is to determine which country-specific characteristics promote and which impede the adoption of institutions. On the basis of a broad panel of 183 countries for the period between 1996 and 2010, we test whether there are tendencies towards a general improvement and towards...
Persistent link: https://www.econbiz.de/10010984522
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