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In this paper we study whether inflation expectations react on variations of election outcome expectations. Using data from 6 countries we show that such a link in fact exists and thus provides empirical evidence supportive to rational partisan theory of business cycles.
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also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the …
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financial performance in Britain and France. We find that union bargaining is detrimental to workplace performance in Britain … and that this effect is larger when unionization is endogenized. In France, union bargaining is associated with poorer … density do have a negative impact on workplace performance in France. In Britain the union effect does not rise with union …
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