A new explanation is offered for a political business cycle on local public expenditure with rational, forward-looking voters and endogenous electoral success probability. The cycle results from the incumbent's concern with her welfare in case of electoral defeat.N/
Canonical political budget cycle theories predict an increase in visible government expenditures in ...
Abstract. Despite the fact that theoretical research on electoral political cycles is well developed...
Signalling models of the Political Business Cycle interpret deviations from optimal fiscal rules on ...
A new explanation is offered for a political business cycle on local public expenditure with rationa...
Most opportunistic-type models of political business cycles tend to posit a given objective for incu...
We analyze electorally motivated public spending using disaggregated expenditure data. Election cycl...
textabstractThis paper provides a theoretical model of pre-electoral budget cycle and tests its empi...
The literature on political business cycles suggests that politicians systematically manipulate econ...
This paper follows the rational political budget cycle approach, ,extending it in two directions. Fi...
The present article tests predictions of rational political business cycle models using a large and ...
There is an extensive empirical literature on political business cycles, but its theoretical foundat...
First Published: 6 September 2017By extending the time-tested reward-punishment hypothesis in econom...
Local context is widely believed to influence voting behavior with, for example, the voters ’ evalua...
There is an extensive empirical literature on political business cycles, but its theoretical foundat...
We present a model of political budget cycles in which incumbents influence voters by targeting gove...
Canonical political budget cycle theories predict an increase in visible government expenditures in ...
Abstract. Despite the fact that theoretical research on electoral political cycles is well developed...
Signalling models of the Political Business Cycle interpret deviations from optimal fiscal rules on ...
A new explanation is offered for a political business cycle on local public expenditure with rationa...
Most opportunistic-type models of political business cycles tend to posit a given objective for incu...
We analyze electorally motivated public spending using disaggregated expenditure data. Election cycl...
textabstractThis paper provides a theoretical model of pre-electoral budget cycle and tests its empi...
The literature on political business cycles suggests that politicians systematically manipulate econ...
This paper follows the rational political budget cycle approach, ,extending it in two directions. Fi...
The present article tests predictions of rational political business cycle models using a large and ...
There is an extensive empirical literature on political business cycles, but its theoretical foundat...
First Published: 6 September 2017By extending the time-tested reward-punishment hypothesis in econom...
Local context is widely believed to influence voting behavior with, for example, the voters ’ evalua...
There is an extensive empirical literature on political business cycles, but its theoretical foundat...
We present a model of political budget cycles in which incumbents influence voters by targeting gove...
Canonical political budget cycle theories predict an increase in visible government expenditures in ...
Abstract. Despite the fact that theoretical research on electoral political cycles is well developed...
Signalling models of the Political Business Cycle interpret deviations from optimal fiscal rules on ...