Election results and opportunistic policies : a new test of the rational political business cycle model

The literature on the rational PBC suggests that politicians systematically manipulate economic and fiscal conditions before elections to increase their chances of reelection. Most tests of this theory look for evidence of pre-election distortions in fiscal policy. We propose a new test that explore...

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Bibliographic Details
Main Author: Aidt, Toke S. (author)
Other Authors: Veiga, Francisco José (author), Veiga, Linda Gonçalves (author)
Format: article
Language:eng
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/1822/12890
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/12890