Political business cycles in local employment

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.

Detalhes bibliográficos
Autor principal: Coelho, César (author)
Outros Autores: Veiga, Francisco José (author), Veiga, Linda Gonçalves (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2005
Assuntos:
Texto completo:http://hdl.handle.net/1822/2742
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/2742
Descrição
Resumo: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.