Political business cycles in local employment : evidence from Portugal

Using employment data for Portuguese municipalities, we find strong evidence of political business cycles. Employment increases shortly before elections mainly in municipalities where the mayor’s party has a majority of deputies in the municipal assembly and where she is running for reelection.

Bibliographic Details
Main Author: Coelho, César (author)
Other Authors: Veiga, Francisco José (author), Veiga, Linda Gonçalves (author)
Format: article
Language:eng
Published: 2006
Subjects:
Online Access:http://hdl.handle.net/1822/5661
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/5661