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Paul-Günther Schmidt

Institutionelle Strukturen und makroökonomische Stabilität

Eine international vergleichende Analyse
[Institutional Structure and Macroeconomic Stability. An International Comparative Analysis.]
2005. XI, 792 pages.
DOI 10.1628/978-3-16-162854-2
Published in German.
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  • 978-3-16-162854-2
Summary
In a cross-national comparative analysis of central banks, exchange rate regimes, banking sectors, political systems and labor market relations in 47 democracies during the last quarter of the twentieth century, Paul-Günther Schmidt delivers strong empirical support for the basic message of his book that the roots of macroeconomic instability are deeply embedded in adverse and harmful features of the economic and political system of nations.

Die Einheit der Gesellschaftswissenschaften (EdG)