Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/184684 
Year of Publication: 
2018
Series/Report no.: 
CHOPE Working Paper No. 2018-16
Publisher: 
Duke University, Center for the History of Political Economy (CHOPE), Durham, NC
Abstract: 
In this paper I aim to try defining New Political Economy (NEP) as the economic study of politics, with a macroeconomic focus. It emerged from the influences mainly from the criticism of theory of economic policy, political business cycle research, public choice theory and new institutional economics. Due to its ample nature, different economists have different understandings of what it is, and their definitions may clash against each other. This article aims to be a contribution to dissipate this confusion.
Subjects: 
political economy
new political economy
public choice
new institutional economics
political economics
political macroeconomics
theory of economic policy
political business cycles
economics and politics
positive political economy
JEL: 
B22
B25
D7
Document Type: 
Working Paper

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