We study the impact of economic policy uncertainty on the probability and duration of economic recessions in 10 major European Union countries over the period 1987Q2-2021Q1. We find that economic policy uncertainty results in not only a higher probability of economic recessions but also longer...

This paper analyzes macroeconomic conditions and parliamentary election outcomes in 13 European countries over the 1960-1997 period. The analysis focuses on two themes. The first is that different macroeconomic theories imply that different economic indicators should be important for voters. The...