Overview
- Publication in the field of institutional economics
Part of the book series: Wirtschaft und Politik (WP)
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Table of contents (5 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the crisis was most severe in developed countries with democratic political institutions, rule of law and restrained regulations. The empirical results support theoretical predictions only within the sub-group of developed countries, where rule of law and restrained regulations show a positive association with crisis resilience.
Authors and Affiliations
About the author
Robert Fritzsch is research associate at the chair of institutional economics and economic policy at the University of Erfurt.
Bibliographic Information
Book Title: Adaptive Efficiency During the Great Recession
Book Subtitle: An Analysis of the Institutional and Organizational Determinants of Crisis Resilience
Authors: Robert Fritzsch
Series Title: Wirtschaft und Politik
DOI: https://doi.org/10.1007/978-3-658-27409-2
Publisher: Springer Gabler Wiesbaden
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2019
Softcover ISBN: 978-3-658-27408-5Published: 09 August 2019
eBook ISBN: 978-3-658-27409-2Published: 30 July 2019
Series ISSN: 2524-5945
Series E-ISSN: 2524-5953
Edition Number: 1
Number of Pages: XVI, 379
Number of Illustrations: 45 b/w illustrations
Topics: Economic Policy, Institutional/Evolutionary Economics, Law and Economics