Castro, Vítor; Martins, Rodrigo - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2013
This paper analyses the presence of duration dependence in Portuguese local governments’ tenure employing continuous and discrete-time duration analyses over a set of spells of time in office for the period 1979-2005. Our results show that the more time a party remains in office, the higher is...