Andere Kunden interessierten sich auch für
![Collective Choice]( "Collective Choice")
Collective Choice75,99 €![Structural Reforms]( "Structural Reforms")
Structural Reforms74,99 €![The Theory of Crisis and the Great Recession in Spain]( "The Theory of Crisis and the Great Recession in Spain")
The Theory of Crisis and the Great Recession in Spain81,99 €![The Theory of Crisis and the Great Recession in Spain]( "The Theory of Crisis and the Great Recession in Spain")
The Theory of Crisis and the Great Recession in Spain81,99 €![Structural Reforms]( "Structural Reforms")
Structural Reforms74,99 €![Debates in Macroeconomics from the Great Depression to the Long Recession]( "Debates in Macroeconomics from the Great Depression to the Long Recession")
Debates in Macroeconomics from the Great Depression to the Long Recession106,99 €![Cycles, Growth and the Great Recession]( "Cycles, Growth and the Great Recession")
Cycles, Growth and the Great Recession141,99 €
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.