Showing 1 - 4 of 4
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
; VECM measurement errors ; Bayesian estimation …
Persistent link: https://www.econbiz.de/10009295333
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
capital accumulation. Our econometric estimation, using U.S. data, finds a statistically significant link between electoral …
Persistent link: https://www.econbiz.de/10003203561