Alpanda, Sami; Honig, Adam - Volkswirtschaftliche Fakultät, … - 2007
presence of political monetary cycles between 1972 and 2001. This is the first study of its kind to include not only advanced … monetary cycles in advanced countries but find strong evidence in developing nations. Based on our results, we construct a new … regressions of a monetary policy indicator on an election dummy and control variables. We do not find evidence of political …