Institutions and Political Party Systems: The Euro Case / Jesús Fernández-Villaverde, Tano Santos.

Format:

Book

Author/Creator:

Fernández-Villaverde, Jesús.

Contributor:

National Bureau of Economic Research.

Santos, Tano.

Series:

Working Paper Series (National Bureau of Economic Research) no. w23599.

NBER working paper series no. w23599

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Institutions and Political Party Systems

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2017.

Summary:

This paper argues that institutions and political party systems are simultaneously determined. A large change to the institutional framework, such as the creation of the euro by a group of European countries, will realign - after a transition period - the party system as well. The new political landscape may not be compatible with the institutions that triggered it. To illustrate this point, we study the case of the euro and how the party system has evolved in Southern and Northern European countries in response to it.

Notes:

Print version record

July 2017.