This paper presents an institutional model to investigate the cooperation between a government and a central bank. The former selects the monetary policy and then delegates the organization of macroprudential policy to the latter. Their policy stances are the result of sequential constrained...

This paper presents an institutional model to investigate the cooperation between a government and a central bank. The former selects the monetary policy and then delegates the organization of macroprudential policy to the latter. Their policy stances are the result of sequential constrained...

This article highlights the political, institutional and social causes of rising of current deficits. But first of all will be presented uniform tax theory and methods of its application. Importance of budgetary balance is as never obvious in special now so it is particularly important to...

In this paper we analyze the problem of government size and growth and its relation with the size of public bureaucracies. The paper is organized as following: first, we present some factual data which confirm government size and growth for the western democratic world; second, we analyze the...

<i>Курс «Теория общественного выбора» разработан для студентов I курса магистратуры, магистерская программа «Государственное и муниципальное управление»,...</i>