This paper aims to examine ideological and politico-economic power structures of post WWII-German economics. Using the conception of a German Neoliberal Thought Collective, organized around the Mont Pèlerin Society, it highlights the similarities between ordoliberalism as German variety of...

This study examines the effects of fragmented governments and fiscal authorities on budget deficits in Turkey along with political business cycle effects. For econometric analysis we will use annual data from the period of 1960-2009. This paper sheds light on various dispersion indices and their...

This paper challenges the focus on budget deficits that permeates the literature on fiscal policy. It analyzes countries running budget surpluses and asks why some of them preserved these surpluses while others did not. Whereas several OECD members recorded surpluses for just a few years,...