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Electoral uncertainty, fiscal policies & growth : theory and evidence from Germany, the UK and the US
Oikonomidēs, Geōrgios; Malley, James R.; … - 2003
In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties can alternate in power. The party in office chooses...
Persistent link: https://www.econbiz.de/10011511068
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Productivity shocks and aggregate fluctuations in an estimated endogenous growth model with human capital
Malley, James R.; Woitek, Ulrich - 2011
; VECM measurement errors ; Bayesian estimation …
Persistent link: https://www.econbiz.de/10009295333
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Electoral uncertainty, fiscal policy and macroeconomic fluctuations
Malley, James R. (contributor);  … - 2005
capital accumulation. Our econometric estimation, using U.S. data, finds a statistically significant link between electoral …
Persistent link: https://www.econbiz.de/10003203561
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Real wages and business cycle asymmetries : presented at CESifo conference "Academic Use of ifo Survey Data", December 2003
Woitek, Ulrich - 2004
demonstrated that the inconclusive evidence is not only caused by measurement problems, estimation method and composition bias as …
Persistent link: https://www.econbiz.de/10011449261