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Cornel BAN
Boston University
Economists and political economists emphasize the importance of exogenous shocks, international economic competition, policy conditionality and partisan politics as the main drivers of literature on economic policy change. This paper critically assesses the explanatory robustness of these factors and stresses the importance of incorporating economic ideas as a fruitful new direction in research on this topic.
ŒCONOMICA no. 1/2013
Keywords: exogenous shocks, international economic competition, policy conditionality, partisan politics
JEL: E10, F62, O11, P50
Beyond the Usual Suspects: Rethinking the Mechanisms of Paradigm Shifts in Macroeconomic Policy
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