Alesina, Alberto F; Roubini, Nouriel - C.E.P.R. Discussion Papers - 1990
This paper studies whether the dynamic behaviour of GNP growth, unemployment and inflation is systematically affected … cycle' model, with endogenous timing of elections; (b) inflation tends to increase immediately after elections, perhaps as a … output and unemployment and of long-run partisan differences in the inflation rate as implied by the `rational partisan …