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...

Full description

Bibliographic Details
Main Author: Baleiras, Rui (author)
Other Authors: Silva Costa, José da (author)
Format: workingPaper
Language:eng
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10362/83534
Country:Portugal
Oai:oai:run.unl.pt:10362/83534