𝔖 Bobbio Scriptorium
✦   LIBER   ✦

On political business cycles with endogenous election dates

✍ Scribed by Ulrich Lächler


Book ID
116084442
Publisher
Elsevier Science
Year
1982
Tongue
English
Weight
440 KB
Volume
17
Category
Article
ISSN
0047-2727

No coin nor oath required. For personal study only.


📜 SIMILAR VOLUMES


Random timing of elections and the polit
✍ Victor Ginsburgh; Philippe Michel 📂 Article 📅 1983 🏛 Springer US 🌐 English ⚖ 386 KB

In his 1975 paper, Nordhaus formally proves that governments whose aim is to be reelected, will generate 'political' business cycles. Empirical results do not confirm this proposition, especially in countries used to early elections. We show that if there is a non-zero probability for elections to