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Evangelia Vasilarou and Michel Zouboulakis
''Institutionalist impact upon the efficiency of public finance policy. A theoretical approach''
( 2023, Vol. 43 No.3 )
In the recent years, there have been significant changes in the fiscal and monetary policy of the United States and the Eurozone. The main objective of these policies was to achieve macroeconomic stability and sustainable economic growth while reducing income inequality. The purpose of this research is to examine which policies and measures do implement better an effective fiscal policy, in order to understand the impact of institutions at a global level. The analysis of institutions can contribute to understand the effectiveness of fiscal policy to achieve social prosperity and to limit the impact of economic fluctuations.
Keywords: governance, institutions, fiscal rules, indicators of institutional quality
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General
C8 - Data Collection and Data Estimation Methodology; Computer Programs: General
Manuscript Received : Aug 11 2022 Manuscript Accepted : Sep 30 2023

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