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.

Bibliographic Details
Main Author: Coelho, César (author)
Other Authors: Veiga, Francisco José (author), Veiga, Linda Gonçalves (author)
Format: workingPaper
Language:eng
Published: 2005
Subjects:
Online Access:http://hdl.handle.net/1822/2742
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/2742