Over the last decades, there has been plenty of research and articles on Political Business Cycles (PBC), aiming at analyzing and explaining the use of fiscal and monetary instruments to stimulate economic growth before elections, to impress the voters. Following other researches for PBC in...

The phenomena of manipulation of the economy by the incumbent for electoral purpose are called Political Business Cycles (PBC), introduced by Nordhaus (1975). Using policy control economic instruments, as fiscal and monetary instruments, government may manipulate the economy to gain electoral...

The phenomenon of manipulation of the economy by the incumbent for electoral purpose is called Political Business Cycles (PBC). Using policy control economic instruments, such as fiscal and monetary instruments, governments may manipulate the economy to gain electoral advantage by producing...

The vintage political business cycle framework of Nordhaus (1975) represents the idea that the macroeconomic business cycle is manipulated opportunistically by an incumbent government to achieve re-election. A key assumption in this prototypical framework is that voters discount their memories...

There is a wide range of theories that try to explain interactions between politics end economy that are referred as political cycles. Majority of these theories aims at analysis of changes in economic outcomes that are related to elections or other phenomena in the political reality. To induce...

We now know that the (re)discovery of corporatism in the mid-1970s was ironic. At the very moment that academics started using the concept to analyse trends in advanced capitalist societies, the practice had already peaked and it continued to decline during the 1980s. Then, just as many...

Israeli politics saw major realignments in 1977 and 1992. The effect of long range economic cycles on the nature and outcome of Israeli electoral politics is examined in these two elections.

This paper analyzes the fundamental concepts that compose the phenomenon of political business cycle and the models that have been created to support this theoretical background. A first theory on this concept is considered to be the classic perspective, which has been developed by William...

This paper provides an introduction to the business cycle. In the capitalist economy there are fluctuations in economic activity which apply to all aspects of socio-economic development. Capitalist economy is growing at a variable rate. These regular changes in economic activity are called...