Politico-Economic Models and the Economic Theory of Government Behaviour: Some Problems and Results

  • Jean-Dominique Lafay


This paper presents an appraisal of the politico-economic modelling of government behaviour, based on the author’s own French/European experience. The first main section outlines briefly the normative/positive problem in public economics and its analytical consequences; the second deals with politico-economic models in industrialised democracies; the third surveys results for less developed countries (LDCs) and nondemocratic cases.


Monetary Policy Central Bank International Monetary Fund Reaction Function Indifference Curve 
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© Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

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  • Jean-Dominique Lafay

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