
The Economic Effects of Constitutions
Torsten Persson, Guido Tabellini
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by Torsten Persson, Guido Tabellini
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How will the private sector react to different governmental policies? What policies will produce the most desirable outcomes? These two volumes bring together major contributions to a new theory of macroeconomic policy that analyzes which policies are credible or politically feasible, topics that are central to the practical policy debate but that traditional theory cannot address.
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