Home  Journals  Financial Analytics: Science and Experience  41(179) - 2013 November

Methodological basis of institutional analysis: old, new schools and mainstream

Available online: 14 November 2013

Subject Heading: Macroeconomics

JEL Classification: 

In the article the problem of heterogeneity of the institutional analysis is considered, causes and effects of this heterogeneity become clear. The special emphasis is made on emergence of two schools - old and new institutionalism which are distinguished by the relation to the neoclassical analysis and initial assumptions, and also a used method of knowledge of economic events. The author highlights the most important themes of the old institutional academic research program, is a problem of statics and dynamics in terms of the institutional approach.

Keywords: institutional analysis, heterogeneity, old and new institutionalism, statics, dynamics, mainstream, problem, choice

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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