To Be or Not To Be in Office Again, That is the Question Political Business Cycles with Local Governments
Most opportunistic-type models of political business cycles tend to posit a given objective for incumbents: maximisation of re-election chances. Though taking an opportunistic view too, we suggest a new explanation for a fiscal policy cycle: the incumbent’s concern with her own welfare in cases of v...
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Format: | workingPaper |
Language: | eng |
Published: |
2019
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Online Access: | http://hdl.handle.net/10362/83534 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/83534 |