Institutionalist analysis is increasingly used as a key research tool for economists confronted with the shortcomings of mainstream economic analysis and the problems presented by the transformation of socio-economic systems in Eastern Europe. On Economic Institutions brings together leading...

That demand-side deficiencies can provide an inducement for outward investments by transnational corporations has never acquired much currency, despite its long history and the fact that existing theories often have implications supportive of it. Arguably a reason for this is that the idea has...

The idea of (ultra) rationality in the context of changes in corporate and/or government savings stimulating offsetting responses in household savings has been the subject of theoretical and empirical controversy. This paper provides fresh evidence of the (ultra) rationality hypothesis, in the...